50 Herrick Avenue N 216, St. Catharines

$359,000
50 Herrick Avenue N 216

$359,000

New
32d
Condo ApartmentApartment

50 Herrick Avenue N 216, St. Catharines

Total Monthly Obligation $2,605

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
32d
Score
20
Yield
7.6%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Condo Apartment
MLS® Number-X13811110
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 21, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$4,000 (2025)
Maintenance-$624/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-CENTURY 21 SKYLARK REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-456 - Oakdale
Title-Residential Condo & Other

No agent assigned

The Montebello, conveniently located in the heart of St. Catharines. Located minutes from Brock University. This spacious and bright corner unit offers 2 bedrooms, 2 bathrooms, large windows which offer natural light, with an open concept floor plan. 2 private balconies are the perfect size for entertaining and relaxing , In- suite laundry, ample storage space ,concierge in lobby, intel smart technology throughout the building, and one underground parking space and plenty of guest parking.The amenities in this building offer a large state of the art gym, party room, game room overlooking the golf course, and pickle ball court. Stay active and enjoy all that downtown has to offer with the condo only a short walk away, experience the many restaurants and shops that St. Catherines has to offer. Never lived in, priced to SELL.

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

Closing Costs

Mortgage Amount
$287,200
Land Transfer Taxes$3,860
Legal Fees (Est.)
$
Total cash required for closing$77,160

Total Monthly Obligation

$2,605/mo
Mortgage $1,448
Monthly Loss $2,224
Principal$381
Interest$1,067
Property Tax$333
Condo Fees$624
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
9.2%30
10-Year IRR
10.3%
Returns Index
16.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$27,300/yr
NOI
$10,682/yr
Net Cash Flow
-$558/mo
Cash Margin
-24.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
29.6/ 100

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

Comparables

Properties near 50 Herrick Avenue N 216

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.