300B Fourth Avenue 509B, St. Catharines

$619,000
300B Fourth Avenue 509B

$619,000

New
29d
Condo ApartmentApartment

300B Fourth Avenue 509B, St. Catharines

Total Monthly Obligation $3,879

Beds
2
Baths
2
Park
2
Sqft
1200-1399
DOM
29d
Score
16
Yield
5.1%
Cash on Cash
-9.3%
Cap Rate
2.6%
5Y IRR
8.3%
10Y IRR
8.9%
Property Type-Condo Apartment
MLS® Number-X13826358
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$5,268.78 (2026)
Maintenance-$743/mo
Locker-None
Parking-2 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Roof-Flat
Possession-Flexible
Neighbourhood-459 - Ridley
Title-Residential Condo & Other

No agent assigned

An exceptional opportunity to own an executive level residence in one of the region's most distinguished condominium communities. Immaculately maintained and occupied by its original owner (never leased), this top floor corner suite offers a rare combination of privacy, scale, and refinement. Spanning 1,257 square feet, the oversized layout is bathed in natural light and designed for effortless, elevated living. A gracious, elongated entry hall sets a sophisticated tone upon entry, offering both a large storage closet and a separate coat closet. The open concept kitchen and living area is anchored by stainless steel appliances and an upgraded waterfall edge (quartz) breakfast bar, creating a striking focal point. A private, south-facing balcony frames serene views toward the escarpment, offering quiet, peaceful surroundings and facing away from Fourth Avenue. Two generous-sized bedrooms, including a luxurious primary retreat with a walk in closet (1.5 x 1.7 m) and a spa inspired ensuite bath. Additional conveniences include an in suite laundry room with stacked front loading machines and an owned hot water heater. Included: two parking spaces, one exclusive underground space and one exterior space, along with abundant visitor parking for your guests. Residents enjoy premium amenities, including a well appointed fitness centre on level 2 and an impressive rooftop terrace complete with BBQ facilities and a stylish party room. The location is exceptional: just 600 metres from Niagara Health's Marotta Family Hospital, home to the renowned Walker Family Cancer Centre. With quick access to both the 406 and QEW, and surrounded by upscale retail, dining, grocery, and banking options, this address offers convenience without compromise.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$495,200
Land Transfer Taxes$8,855
Legal Fees (Est.)
$
Total cash required for closing$134,155

Total Monthly Obligation

$3,879/mo
Mortgage $2,497
Monthly Loss $3,222
Principal$657
Interest$1,840
Property Tax$439
Condo Fees$743
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%12
Cash-on-Cash
-13.6%0
5-Year IRR
5.2%12
10-Year IRR
7.1%
Returns Index
7.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$31,680/yr
NOI
$11,927/yr
Net Cash Flow
-$1,503/mo
Cash Margin
-56.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
20.5/ 100

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

Comparables

Properties near 300B Fourth Avenue 509B

Time

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