7 Lakeside Drive 66, St. Catharines

$1,133,000
7 Lakeside Drive 66

$1,133,000

Sold Conditional Escape
22d
Condo Townhouse2-Storey

7 Lakeside Drive 66, St. Catharines

Total Monthly Obligation $6,446

Beds
2
Baths
4
Park
2
Sqft
1600-1799
DOM
22d
Score
14
Yield
3.0%
Cash on Cash
-16.1%
Cap Rate
1.1%
5Y IRR
3.1%
10Y IRR
5.1%
Property Type-Condo Townhouse
MLS® Number-X13847476
Beds-2
Bathrooms-4
Size-1600-1799 sqft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$11,145 (2026)
Maintenance-$747/mo
Locker-None
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-Living Room, Natural Gas, Family Room, Electric
Pool-None
Exterior-Metal/Steel Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-flexible closing 30-120 days
Neighbourhood-436 - Port Weller
Title-Residential Condo & Other

No agent assigned

Experience true "LAKEFRONT LIVING" in this beautifully renovated waterfront townhome, with unobstructed views of Lake Ontario and the water quite literally in your backyard! This two-bedroom, four bathroom townhome combines an airy costal style with exceptional access to the beach, marina, boating and waterfront recreation. Inside, shiplap ceilings and pot lighting create a crisp, modern costal backdrop. The custom kitchen is made for easy mornings and lively gatherings, featuring a dedicated coffee bar, charming window seat, and separate beverage refrigerator. Thoughtful finishes carry throughout the home. Both bedrooms offer their own private ensuite and walk-in closet, creating comfortable retreats for owners and guests alike. Downstairs, the finished basement shifts into a rich, whiskey & wine-inspired retreat. An electric fireplace sets the mood, and two televisions make it an ideal destination for football, sports nights, or relaxed movie marathons.The outdoor lifestyle is the true headline. Carry a kayak or paddleboard to the beach, launch a Sea-Doo for an afternoon on the water, or simply take in the unobstructed lakefront scenery. Within the community, a pool and gazebo offer even more ways to unwind and connect. Just minutes from "Niagara-on-the-Lake" with its world-renowned wineries, exceptional restaurants and charming Old Town, some of Niagara's most celebrated experiences are right at your doorstep. Polished, inviting, and tailored to life by the water, this is more than a home-it is a year-round lakefront escape. Arrange your private viewing and experience it for yourself.

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

Closing Costs

Mortgage Amount
$906,400
Land Transfer Taxes$19,135
Legal Fees (Est.)
$
Total cash required for closing$247,235

Total Monthly Obligation

$6,446/mo
Mortgage $4,570
Monthly Loss $5,243
Principal$1,203
Interest$3,368
Property Tax$929
Condo Fees$747
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
0.8%7
Cash-on-Cash
-19.0%0
5-Year IRR
1.0%4
10-Year IRR
3.9%
Returns Index
2.8/ 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
$34,464/yr
NOI
$8,509/yr
Net Cash Flow
-$3,861/mo
Cash Margin
-134.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.161
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
14.3/ 100

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

Comparables

Properties near 7 Lakeside Drive 66

Time

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