5 Carn Castle Gate 32, St. Catharines

$1,279,000
5 Carn Castle Gate 32

$1,279,000

New
30d
Condo Townhouse2-Storey

5 Carn Castle Gate 32, St. Catharines

Total Monthly Obligation $7,347

Beds
4
Baths
3
Park
2
Sqft
2750-2999
DOM
30d
Score
15
Yield
4.7%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Condo Townhouse
MLS® Number-X13819246
Beds-4
Bathrooms-3
Size-2750-2999 sqft
Listed on site-Sep 23, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$11,716.31 (2026)
Maintenance-$1,011.39/mo
Locker-None
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Exterior-Brick, Concrete Poured
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-437 - Lakeshore
Title-Residential Condo & Other

No agent assigned

YOUR PRIVATE PARKSIDE ESCAPE...Located in the sought-after Harbour Pointe Community, 32-5 Carn Castle Gate, St. Catharines is found tucked away in a peaceful, quiet enclave. Imagine having LAKE ONTARIO, Lakeside Park Beach, Port Dalhousie Pier Marina, Yacht Club restaurant, harbour, parks, waterfront trails, restaurants, and the unmistakable charm of Port Dalhousie w/all it has to offer, just a short stroll away. This impressive END UNIT boasts LAKE VIEWS, over 2,700 sq ft, 4 bedrooms & 3 baths, giving you exceptional space to live, entertain & unwind. Hardwood flows throughout the main level, where the kitchen features an island, brkfst bar, wall pantry, cooktop, BI oven & microwave, pot lights & undermount lighting. A separate dining area and inviting family room w/GAS FIREPLACE & WET BAR create plenty of room to gather, while a convenient MF BEDROOM (or den), 3-pc bath & laundry room w/inside entry from the attached garage add everyday ease. Updated staircase w/new railings lead to the second level, where you'll discover even more room to relax - spacious LOFT living room w/wet bar, enclosed SUNROOM w/LAKE VIEWS and overlooking the park, oversized windows providing abundant natural light, plus two updated SKYLIGHTS. Completing the upper level are three bedrooms, including the primary retreat featuring a walk-in closet and 4-pc ensuite w/HEATED FLOOR & towel rack, large WALK-IN shower, along w/an additional 4-pc bath. Downstairs, a generous RECREATION ROOM adds another place to escape, w/workshop and storage space nearby. Outdoors, enjoy a covered rear patio facing the park, plus access to the residents' private INGROUND POOL area. Condo fees include water, special Cogeco pricing, high speed internet, roof, snow removal & more. Enjoy morning walks by the water, a sunny boat cruise, dinner in the village, and relaxed weekends at the lake as part of everyday life. Some images virtually staged. CLICK ON MULTIMEDIA for video tour, drone photos & more.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,023,200
Land Transfer Taxes$22,055
Legal Fees (Est.)
$
Total cash required for closing$279,355

Total Monthly Obligation

$7,347/mo
Mortgage $5,159
Monthly Loss $5,989
Principal$1,358
Interest$3,802
Property Tax$976
Condo Fees$1,011
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.5%0
5-Year IRR
5.9%14
10-Year IRR
7.6%
Returns Index
8.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$59,724/yr
NOI
$27,499/yr
Net Cash Flow
-$2,868/mo
Cash Margin
-57.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo21
Risk Index
14.2/ 100

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

Comparables

Properties near 5 Carn Castle Gate 32

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