3 Towering Heights Boulevard 404, St. Catharines

$429,900
3 Towering Heights Boulevard 404

$429,900

Sold Conditional Escape
25d
Condo Apartment1 Storey/Apt

3 Towering Heights Boulevard 404, St. Catharines

Total Monthly Obligation $4,103

Beds
2
Baths
2
Park
2
Sqft
1400-1599
DOM
25d
Score
15
Yield
8.5%
Cash on Cash
-11.6%
Cap Rate
2.1%
5Y IRR
6.5%
10Y IRR
7.6%
Property Type-Condo Apartment
MLS® Number-X13834260
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Sep 28, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$4,734 (2026)
Maintenance-$1,774/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Electric
Pool-None
Exterior-Stucco (Plaster)
Possession-60-89 days
Neighbourhood-461 - Glendale/Glenridge
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 404 at desirable South Gate Condominium in south St. Catharines! This beautiful end unit is an exceptionally bright and elegant 1,448-square-foot corner residence with thoughtful separation of space, and expansive east/northeast views of Burgoyne Woods and lush gardens. Features a welcoming foyer, California shutters, eng. hardwood and new lighting throughout. Beautifully upgraded eat-in kitchen (2019) w/white cupboards, luxury vinyl floors, glass French doors which open into the light-filled Great Room with walk-out to large private patio, perfect for relaxed living and entertaining! Large Primary suite with generous walk-in closet, 4 pc.ensuite with separate shower and soaker tub. Second bedroom is perfectly suited for visiting guests or a home office, this versatile space enjoys excellent privacy from the principal living areas.. A cozy den with fireplace and French doors, adds further flexibility. Amenities include indoor heated pool, saunas, exercise room, party and billiards rooms, hobby space and 2 outdoor barbecue areas with patios. This unit comes with 2 indoor parking spaces and 2 lockers. Ideally located near the Pen Centre, grocery stores, restaurants, the Meridian Centre, the FirstOntario Performing Arts Centre, St. Catharines Golf Club, Brock U, Niagara wineries, hiking and cycling trails. This wonderful suite offers an effortless lifestyle in a sought-after setting.

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

Closing Costs

Mortgage Amount
$343,920
Land Transfer Taxes$5,073
Legal Fees (Est.)
$
Total cash required for closing$92,553

Total Monthly Obligation

$4,103/mo
Mortgage $1,734
Monthly Loss $3,646
Principal$456
Interest$1,278
Property Tax$395
Condo Fees$1,774
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.1%8
Cash-on-Cash
-17.5%0
5-Year IRR
2.9%6
10-Year IRR
5.9%
Returns Index
4.1/ 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
$36,744/yr
NOI
$4,648/yr
Net Cash Flow
-$1,347/mo
Cash Margin
-44.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.222
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
19.0/ 100

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

Comparables

Properties near 3 Towering Heights Boulevard 404

Time

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