365 Geneva Street 407, St. Catharines

$365,000
365 Geneva Street 407

$365,000

New
22d
Condo ApartmentApartment

365 Geneva Street 407, St. Catharines

Total Monthly Obligation $2,712

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
22d
Score
18
Yield
7.2%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-X13847284
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,751.07 (2025)
Maintenance-$810.35/mo
Locker-Ensuite
Parking-1 - None
Basement-None
Heating-Baseboard (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-446 - Fairview
Title-Residential Condo & Other

No agent assigned

Welcome to unit 407 at 365 Geneva St. in St. Catharines. This spacious 3 bedroom, 2 bathroom condo is located in the Parklands building. Offering over 1000 square feet of comfortable living space, this well-maintained unit features an updated kitchen with beautiful quartz countertops and the convenience of a dishwasher, lots of storage throughout the unit, and a bright, functional layout. The primary bedroom includes a convenient 2-piece ensuite bath and large closet, while the second 4-piece bathroom serves the additional bedrooms and guests. There is an in-suite storage room, and each room has generous sized closets. The electrical panel was redone recently in the unit. The spacious living room overlooks the balcony and the back yard, and the dining room has patio doors that lead outside. Enjoy your morning coffee or evening sunset on the large, private balcony. Residents have access to excellent shared amenities including an exercise room, reservable family/party room for gatherings, regularly scheduled community games and movie nights, and a cozy shared library. The condo fees include your heat, your water, and your building insurance and common elements, grass cutting, and snow removal. The gardens and common grounds are well-maintained, and super clean and welcoming. This is a rare opportunity to own a spacious condo, in an ideal location, close to parks, schools, churches, and shopping and restaurants. Book your showing today!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$292,000
Land Transfer Taxes$3,950
Legal Fees (Est.)
$
Total cash required for closing$78,450

Total Monthly Obligation

$2,712/mo
Mortgage $1,472
Monthly Loss $2,324
Principal$387
Interest$1,085
Property Tax$229
Condo Fees$810
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
7.2%19
10-Year IRR
8.8%
Returns Index
10.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$26,268/yr
NOI
$8,766/yr
Net Cash Flow
-$742/mo
Cash Margin
-33.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo61
Risk Index
27.9/ 100

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

Comparables

Properties near 365 Geneva Street 407

Time

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Data last updated within the past 24 hours.