2 Leeson Street, St. Catharines

$699,000
2 Leeson Street

$699,000

New
60d
Detached2-Storey

2 Leeson Street, St. Catharines

Total Monthly Obligation $3,585

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
60d
Score
18
Yield
4.6%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Detached
MLS® Number-X13705622
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-41.47 × 93.12 ft
Listed on site-Aug 24, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$4,685.69 (2025)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-MOVERIGHT REAL ESTATE, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-460 - Burleigh Hill
Title-Residential Freehold

No agent assigned

Welcome to 2 Leeson Street - a well-cared-for two-storey home in a convenient St. Catharines/Thorold border location, perched at the top of Burleigh Hill and close to Brock University, the Pen Centre, shopping, and highway access. The neighbourhood has recently benefited from provincial redevelopment, including new sidewalks, improved boulevards, streetscape upgrades, and enhanced walkability. Enjoy a 5-minute drive to Brock University, the Pen Centre, Hwy 406, and several public schools. With two nearby bus routes, the location is ideal for commuters, students, and families. Inside, the main floor offers a bright, functional layout with hardwood flooring, a comfortable living room, and a spacious eat-in kitchen refreshed in 2022 with quartz counters and newer appliances, plus a walkout to a private rear deck. The deck connects to a built-in kids' playground, adding a fun, family-friendly touch. The low-maintenance yard means less grass to cut and more time to enjoy the space. A main-floor laundry/mudroom provides direct access to the attached garage. Upstairs are three generous bedrooms, a bright 4-piece bath, and a charming nook ideal for reading or homework. Refinished stairs and railings, high ceilings, and plenty of natural light keep the upper level feeling open and bright. The finished basement adds a second living area with a cozy rec room and gas fireplace, full bath, and flex room ideal for a home office, music room, or guest space. A cold cellar and sump pump add extra storage and practicality. A great opportunity for families, professionals, and investors seeking a move-in-ready home in a desirable, well-connected neighbourhood. Book your private showing today!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,585/mo
Mortgage $2,820
Monthly Loss $2,843
Principal$742
Interest$2,078
Property Tax$390
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.3%25
10-Year IRR
9.3%
Returns Index
13.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,196/yr
NOI
$19,791/yr
Net Cash Flow
-$1,170/mo
Cash Margin
-43.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.587
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
22.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2 Leeson Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.