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Investment signal

$725,000

7238 PARKDALE Street

Save this home

Beds

5

Baths

2

Sqft

Year

1972

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

Welcome to 7238 Parkdale Street, a fully updated raised bungalow set in the highly desirable Queensway Gardens community of Niagara Falls. This inviting home offers a functional 3+2 bedroom, 2-bathroom layout with a bright open-concept design, ideal for comfortable family living or multi-generational use. The main level features a sun-filled living and dining area complemented by stylish vinyl flooring throughout. Pot lights throughout. The modern main floor kitchen is equipped with brand new appliances appliances, granite countertops, and ample cabinetry for everyday convenience. You'll also find three generously sized bedrooms and a beautifully finished full bathroom with floor-to-ceiling tile. The fully finished lower level offers excellent flexibility, complete with two additional bedrooms, a 3-piece bathroom, a second kitchen, and separate laundry-perfect for an in-law suite or potential rental income. A cozy wood-burning fireplace adds warmth and character to the space. Step outside to a fully fenced backyard, ideal for entertaining, relaxing, or enjoying time with family and friends. Conveniently located just minutes from public transit, shopping, schools, parks, and everyday amenities, with easy access to Niagara College and Brock University-making this an excellent opportunity for both families and investors alike. **Property has been virtually staged** (id:65958)

Subtype
Single Family
Architectural style
Raised bungalow
Structure
House
Community
212 - Morrison
Common interest
Freehold
Living area
1,084 square feet
Bedrooms
3 above grade, 2 below grade
Parking
5 total
Stories
1
On market
Apr 21, 2026
Status changed
Apr 26, 2026
Annual tax
$3,723
Zoning
R1C, R1D
Photos
26
MLS#
40822430
Area
NIAGARA_FALLS

Features and systems

Parking

Attached Garage

Basement

FinishedFull

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowave

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

BrickVinyl siding

Foundation

Poured Concrete

Lot

In-Law Suite
Negative cash flow ~$814/mo at these assumptions

Cash on cash

-6.73%

Cap rate

3.52%

GRM

16.7

Break-even rent

$4,481

Financing

Down payment$145,000
Loan amount$580,000
Mortgage$2,939/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$332
Insurance$80
Maintenance$604
CapEx reserve$302
Vacancy loss$181

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 $2,939/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 26, 2026.

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