5974 Scott Street, Niagara Falls, ON
L2E 3B4
Listed September 17, 2026
About this property
This detached bungalow offers incredible income potential and a fantastic opportunity to renovate and add major value. The main floor features a bright living room, kitchen, 3 bedrooms, and a full bath.The lower level boasts two self-contained suites, each with living area, kitchen, bedroom, and ensuite bath. While one unit is already occupied by excellent tenants willing to stay, the basement level requires some finishing renovations to maximize your rental income.The property also features a newer A/C, a large backyard, and parking for up to 4 cars. Fix it up, set your own rent, and watch your equity grow!Property sold "As Is". Seller and Listing Agent do not warrant the retrofit status of the basement.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 5974 Scott Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$106,700 · Minimum $28,350
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2026 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$3,544/mo
About $42,528 a year
- $2,360
- $284
- Home insurance$125
- Utilities$330
- Maintenance & repairs$445
Cash needed to close
- Down payment (20%)
- $106,700
- Ontario land transfer tax
- $7,145
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $116,345
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
5974 Scott Street, Niagara Falls, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: September 17, 2026
Listing Office: REVEL Realty Inc., Brokerage
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