178 Scott Street 15, St. Catharines

$488,800
178 Scott Street 15

$488,800

New
22d
Condo Townhouse2-Storey

178 Scott Street 15, St. Catharines

Total Monthly Obligation $3,151

Beds
2
Baths
2
Park
2
Sqft
1200-1399
DOM
22d
Score
17
Yield
5.5%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.4%
Property Type-Condo Townhouse
MLS® Number-X13847604
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$4,071.23 (2026)
Maintenance-$640/mo
Locker-None
Parking-3 - Attached
Basement-Full, Walk-Out
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Electric, Natural Gas
Pool-None
Exterior-Brick, Wood
Possession-flexible
Neighbourhood-446 - Fairview
Title-Residential Condo & Other

No agent assigned

Dreaming of living at 'The Clusters'? Now is your chance with this move-in ready home at #15 in one of Niagara's most unique townhouse communities! Offering a carefree lifestyle with a beautifully renovated interior and calming, modern cozy vibes from the moment you walk through the door. The heart of the home is the open-concept kitchen, dining and living space, featuring a gorgeous cathedral ceiling and massive windows that give the space an airy feel, while the fireplace creates the perfect spot to cozy up and unwind. The custom kitchen features an extra-large island with quartz countertops, high-end fixtures and appliances including a gas stove, a built-in wine rack, a designated spot for a beverage fridge, plenty of storage, and a built-in desk. Upstairs, you'll find two generous bedrooms and a stylishly updated bathroom with a glass-enclosed shower, rain shower head, slide bar and a built-in speaker for grooving to your shower tunes! Laundry has also been added at the bedroom level for convenience. The lower level (at grade) adds even more living space with an additional family room, gas fireplace and sliding glass door walk-out to your private ground-level patio. Gas BBQ hookup on the patio makes for easy summer grilling. This ground level also offers convenient interior access to the attached heated garage, making it an ideal space for a home gym or man cave/she-shed. 'The Clusters' is known for its unique chalet-style architecture, park-like grounds, manicured courtyards and lush green spaces. Residents also enjoy exclusive use of the resort-style heated outdoor pool, perfect for cooling off on warm summer days. Located adjacent to John Page Park with gated access directly from the complex. Close to Lake Ontario beaches, shopping, restaurants and convenient transit routes, making it easy to enjoy everything Niagara has to offer. A truly special community, a beautifully renovated home, and a lifestyle that feels like a getaway every day.

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Closing Costs

Mortgage Amount
$391,040
Land Transfer Taxes$6,251
Legal Fees (Est.)
$
Total cash required for closing$105,511

Total Monthly Obligation

$3,151/mo
Mortgage $1,972
Monthly Loss $2,632
Principal$519
Interest$1,453
Property Tax$339
Condo Fees$640
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.1%0
5-Year IRR
5.6%13
10-Year IRR
7.4%
Returns Index
7.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$26,700/yr
NOI
$9,879/yr
Net Cash Flow
-$1,148/mo
Cash Margin
-51.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
24.3/ 100

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

Comparables

Properties near 178 Scott Street 15

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.