3 Peel Street, St. Catharines

$1,200,000
3 Peel Street

$1,200,000

New
29d
DetachedBungaloft

3 Peel Street, St. Catharines

Total Monthly Obligation $5,842

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
29d
Score
14
Yield
2.7%
Cash on Cash
-12.8%
Cap Rate
1.8%
5Y IRR
5.6%
10Y IRR
6.9%
Property Type-Detached
MLS® Number-X13827338
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-49.53 × 102.1 ft
Listed on site-Sep 24, 2026
Style-Bungaloft
Building Type-Detached
Age-New
Taxes-$7,516.97 (2026)
Parking-4 - Carport
Basement-Full, Unfinished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-immediate
Neighbourhood-438 - Port Dalhousie
Title-Residential Freehold

No agent assigned

Welcome to 3 Peel Street, a newly built bungaloft (Builder Pym & Cooper) tucked away on a quiet street in the heart of Port Dalhousie.The property offers generous private parking, with space for 3 vehicles in the driveway plus an additional parking space in the carport.The front offers a generous verandah, the ideal place for morning coffees! Step inside to a bright and spacious open-concept main floor, enhanced by high ceilings, pot lights and attractive luxury vinyl plank flooring throughout. The modern kitchen features quartz countertops and centre island, providing a natural gathering place for morning coffee, casual meals or conversation with family and friends. Sliding doors from the living area lead to the private backyard with good sized deck.The main floor primary bedroom includes a walk-in closet and ensuite privilege to a beautifully finished 3-piece bathroom with glass walk-in shower and quartz-topped vanity. A 2nd bedroom is also located on this level and cleverly incorporates the stacked laundry within the closet. With its flexible layout, this room would also make an excellent home office.A hardwood staircase leads to one of the home's standout features: the bright and spacious loft overlooking the main living area. This versatile family room also provides access to an impressive 24' x 11'8" balcony, where you can enjoy views of nearby Lake Ontario.The upper level also includes a 3rd bedroom with double closet and a beautifully finished 4-piece bathroom with quartz countertop.The unfinished basement offers approx. 9-foot ceilings, a separate entrance and a bathroom rough-in, providing excellent potential for additional living space, an in-law suite or future secondary unit, subject to applicable approvals.Just a short distance from Lake Ontario and everything that makes Port Dalhousie such a desirable place to call home, 3 Peel Street combines modern design, flexible living space and an exceptional location. Tarion Warranty is for 7 years.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$960,000
Land Transfer Taxes$20,475
Legal Fees (Est.)
$
Total cash required for closing$261,975

Total Monthly Obligation

$5,842/mo
Mortgage $4,840
Monthly Loss $4,568
Principal$1,274
Interest$3,567
Property Tax$626
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-16.0%0
5-Year IRR
3.1%6
10-Year IRR
5.3%
Returns Index
4.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$32,004/yr
NOI
$16,787/yr
Net Cash Flow
-$3,442/mo
Cash Margin
-129.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.292
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
15.3/ 100

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

Comparables

Properties near 3 Peel Street

Time

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