Investment signal

$299,900

4550 CRYSLER AVENUE

Save this home

Beds

Baths

Sqft

1,572

Year

Type

Multi-family

Suite

Investment signal

Location nearby

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

About this home

Located just steps from proposed new multi-residential development. Situated in a rapidly evolving downtown corridor, ideal for investors looking to benifit from Niagara Falls growth. House needs extensive renos and is being sold as is. (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
210 - Downtown
Living area
1,572 square feet
Lot dimensions
Bldg=41.73 x 150 FT
On market
Mar 17, 2026
Status changed
Apr 24, 2026
Annual tax
$2,899 (2025)
Zoning
CB
Photos
1
MLS#
X12893614
Area
NIAGARA_FALLS_(DOWNTOWN)

Features and systems

Heating

Hot water radiator heatNatural gas

Cooling

None
Positive cash flow ~$472/mo at these assumptions

Cash on cash

9.44%

Cap rate

6.75%

GRM

10.4

Break-even rent

$1,903

Financing

Down payment$59,980
Loan amount$239,920
Mortgage$1,216/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$137
Insurance$80
Maintenance$250
CapEx reserve$125
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $1,216/mo at 4.5% with 20% down, 30-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 24, 2026.

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