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Investment signal

$495,000

5371 HURON STREET

Beds

Baths

Sqft

—

Year

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Location

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About this home

Character home with two separate suites and R2 zoning-perfect for an income property or living in one unit while generating rental income from the other. The property features a tenanted 2-bedroom suite and a main level vacant 1-bedroom suite, making it an ideal opportunity for an owner-occupant looking to offset their mortgage. The vacant main floor unit features access to the backyard, basement and 1.5 car garage. Each suite offers its own private entrance and fully equipped kitchen, providing complete independence and privacy for both owner and tenant. This flexible layout is also well-suited for multi-generational living.Located in a desirable neighbourhood close to schools, shopping, dining, and public transportation, the home has been well maintained over the years. Additional highlights include a private driveway, detached 1.5-car garage, and private yard, offering comfort, convenience, and excellent long-term value. (id:65958)

Subtype: Single Family
Structure: House
Community: 211 - Cherrywood
Common interest: Freehold
Lot dimensions: 35.4 x 89.5 FT
Bedrooms: 3 above grade
Parking: 4 total
Stories: 2
On market: Apr 8, 2026
Status changed: Apr 14, 2026
Annual tax: $2,600 (2025)
Zoning: R2
Photos: 33
MLS#: X12971828
Area: NIAGARA_FALLS_(CHERRYWOOD)

Features and systems

Parking

Detached GarageGarage

Basement

UnfinishedN/A

Heating

Forced airNatural gas

Cooling

None

Exterior

BrickStucco

Foundation

Poured Concrete

Lot

In-Law Suite

Negative cash flow ~$1,004/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-12.17%

Cap rate

3.46%

GRM

16.7

Break-even rent

$3,532

Financing

Down payment$99,000

Loan amount$396,000

Mortgage$2,429/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$227

Insurance$80

Maintenance$413

CapEx reserve$206

Vacancy loss$124

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Niagara Falls (Cherrywood). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,429/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.