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Investment signal

$439,000

7521 SHERRILEE CRESCENT

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Location

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About this home

Build Your Dream Home in Niagara Falls! This rare vacant lot is the perfect opportunity to create your ideal home in a quiet, established subdivision. Backing onto a peaceful forest with no rear neighbors, you'll enjoy privacy and natural views while being just minutes from Costco, the brand-new Niagara South Hospital, top schools, and all major amenities. Plans are available for a stunning multi-generational home designed with three independent living spaces each with its own kitchen and laundry offering incredible flexibility for extended family living, potential rental income, or future-proofing your lifestyle. The main floor also features a dedicated home office with its own separate entrance, ideal for professionals working from home. Opportunities like this are rare in such a convenient and growing community. Seller is offering VTB. (id:65958)

Subtype: Vacant Land
Community: 222 - Brown
Lot dimensions: 50.57 x 105.23 FT
On market: Feb 5, 2026
Status changed: Apr 14, 2026
Annual tax: $0
Photos: 14
MLS#: X12763950
Area: NIAGARA_FALLS_(BROWN)

Features and systems

Utilities

SewerElectricityCable

Negative cash flow ~$705/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

-9.63%

Cap rate

3.96%

GRM

15.2

Break-even rent

$3,142

Financing

Down payment$87,800

Loan amount$351,200

Mortgage$2,155/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$201

Insurance$80

Maintenance$366

CapEx reserve$183

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: 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 (Brown). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,155/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.