158 Homewood Avenue, Port Colborne

$575,000
158 Homewood Avenue

$575,000

New
37d
DetachedBungalow

158 Homewood Avenue, Port Colborne

Total Monthly Obligation $3,006

Beds
2
Baths
1
Park
4
Sqft
700-1100
DOM
37d
Score
17
Yield
3.5%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-X13793064
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-50 × 140 ft
Listed on site-Sep 16, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,738.96 (2026)
Parking-5 - Detached
Basement-Full, Finished
Heating-Radiant (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-60-89 days
Neighbourhood-873 - Bethel
Title-Residential Freehold

No agent assigned

Welcome to a home that feels instantly inviting. This charming brick bungalow has been thoughtfully updated from top to bottom, blending modern comfort with classic character. Step inside and you're greeted by a bright, open-concept living space that flows effortlessly into the stunning kitchen-perfect for morning coffee, family dinners, or hosting friends. From here, sliding doors lead out to a sunny deck and a fully fenced backyard, offering a private outdoor retreat where kids and pets can play freely and safely. The main floor features two cozy bedrooms and a beautifully finished 4-piece bathroom, creating a comfortable and functional layout for everyday living. Downstairs, the fully finished basement expands your lifestyle even further with a wide open living area ideal for movie nights, a dedicated laundry room, and an additional room that can serve as a home office, gym, or guest space. A separate side entrance adds convenience and flexibility. Outside, the detached garage-with its own separate 100-amp panel-is a dream for hobbyists, creators, or anyone needing a proper powered workspace. The generously sized driveway fits up to four vehicles with ease. Set in Port Colborne's highly sought-after Sugarloaf neighbourhood, you're moments from scenic parks, sandy beaches, and a vibrant selection of local restaurants and cafes. It's a community where you can stroll to the waterfront, enjoy weekend bike rides, and embrace the relaxed coastal-town lifestyle. This is the kind of home that feels good the moment you walk in-and one you won't want to miss.

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

Mortgage Amount
$460,000
Land Transfer Taxes$7,975
Legal Fees (Est.)
$
Total cash required for closing$124,475

Total Monthly Obligation

$3,006/mo
Mortgage $2,319
Monthly Loss $2,396
Principal$610
Interest$1,709
Property Tax$312
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.3%0
5-Year IRR
4.4%9
10-Year IRR
6.4%
Returns Index
6.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$20,400/yr
NOI
$10,121/yr
Net Cash Flow
-$1,476/mo
Cash Margin
-86.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
25.2/ 100

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

Comparables

Properties near 158 Homewood Avenue

Time

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