6994 Margaret Street, Niagara Falls, ON
L2G 2W2
Listed October 27, 2026
About this property
Utilities included in this fabulous lower unit. Bright 1 BR plus Den offering high ceilings, laminate flooring throughout, open riser staircase, mud room, in suite laundry, large egress windows, one parking spot. All plumbing, electrical, HVAC, insulation recently finished, great looking unit! Located steps to a bus route and in a great neighbourhood with easy highway access, close to all amenities and a quick drive to all of the attractions that the Falls has to offer. One year minimum, rental application, full credit report, 2 most recent paystubs, verification of employment, tenant insurance policy req'd. Shared use of backyard and snow removal responsibilities with main floor tenant.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Carrying Costs Calculator
What it could cost each month to rent 6994 Margaret Street — rent, utilities, tenant insurance, internet and parking — plus the cash you’ll need to move in. Change any number to match your situation.
Rent
From the listing.
Utilities
The listing says the rent covers this.
The listing says the rent covers this.
The listing says the rent covers this.
Many Ontario homes rent their water heater — add it if the landlord passes it on.
Other monthly costs
Typical in Ontario — many landlords require it.
A typical plan in the area.
Add it if parking costs extra.
Coin laundry, a storage locker or other regular costs.
Moving in
Refundable when you return the keys — ask the landlord for the amount.
A typical local move with movers — less if friends help.
Account opening and installation fees.
Estimated monthly carrying cost
$1,555/mo
About $18,660 a year
- Rent$1,450
- Tenant insurance$30
- Internet$75
Included in the rent: Hydro (electricity), Heat (gas), Water & sewer.
Cash needed to move in
- First month's rent
- $1,450
- Last month's rent deposit
- $1,450
- Key / fob depositRefundable
- $100
- Moving & set-upEstimate
- $1,000
- Total
- $4,000
Your first 12 months
- Rent and monthly costs12 months
- $18,660
- Moving & set-up
- $1,000
- Total
- $19,660
Deposits aren’t an extra cost: the last-month deposit pays your final month and the key deposit comes back when you return the keys.
Planning ahead
- Household income to keep rent + utilities at 30%CMHC's affordability guideline — landlords often use a similar test
- $58,000/yr
- Highest rent at your first renewalOntario's 2027 guideline (1.9%), once a year with 90 days' written notice. Units first lived in after November 15, 2018 aren't capped.
- $1,478/mo
Estimates only — not legal or financial advice. Deposits and rent increases follow Ontario’s Residential Tenancies Act; utilities, insurance, internet and moving costs are typical figures for the area. Confirm what the rent includes with the landlord before you sign.
Location & Walkability
6994 Margaret Street, Niagara Falls, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: October 27, 2026
Listing Office: ROYAL LEPAGE STATE REALTY
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