57 Lakeport Road 307, St. Catharines

$854,900
57 Lakeport Road 307

$854,900

New
22d
Condo ApartmentApartment

57 Lakeport Road 307, St. Catharines

Total Monthly Obligation $5,063

Beds
2
Baths
2
Park
2
Sqft
1000-1199
DOM
22d
Score
14
Yield
3.3%
Cash on Cash
-15.8%
Cap Rate
1.2%
5Y IRR
3.3%
10Y IRR
5.2%
Property Type-Condo Apartment
MLS® Number-X13848602
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$8,050.36 (2026)
Maintenance-$743.69/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BOSLEY REAL ESTATE LTD.,
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stone
Possession-See LB
Neighbourhood-438 - Port Dalhousie
Title-Residential Condo & Other

No agent assigned

Life at Royal Port awaits. This two-bedroom, two-bathroom suite is beautifully appointed, and before you ask, yes, it comes with two parking spaces, one of which is EV! The lifestyle that this location offers is something special. After enjoying breakfast on your balcony overlooking the Old Welland Canal and Royal Canadian Henley rowing course, you can head downstairs and cross the street, where you'll have your choice of the most charming cafes in town. Then, stroll down to the pier, read a book on the beach, and wander back to your suite to prepare some lunch and plan your evening. Your friends arrive, and you head upstairs to the most incredible rooftop terrace in Niagara. With breathtaking views over Lake Ontario, the Port Dalhousie Pier Marina, the entire city of St. Catharines, and the rowing course to the south, your friends will be in awe. With multiple seating areas, BBQs, and views, it is the perfect spot for pre-dinner beverages before, once again, you stroll across the street where you'll have your choice of multiple dining options. Back to the suite: this is a beautiful two-bedroom, two-bathroom condo with notable attention to detail and beautiful finishing choices, including 9' ceilings, engineered hardwood flooring, and a decor palette that is very easy to move into. The primary suite includes ample closet space and a gorgeous ensuite bathroom with walk-in tiled shower and double vanity with quartz counters. The kitchen, with a quartz waterfall, is outfitted with high-quality appliances, tiled backsplash, and beautiful cabinetry. You'll love the SMART home automation, which gives you control of your lighting and HVAC. This is condo living at its finest, with surrounding amenities that are unparalleled in the city.

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

Closing Costs

Mortgage Amount
$683,920
Land Transfer Taxes$13,573
Legal Fees (Est.)
$
Total cash required for closing$186,053

Total Monthly Obligation

$5,063/mo
Mortgage $3,448
Monthly Loss $4,156
Principal$907
Interest$2,541
Property Tax$671
Condo Fees$744
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
0.7%7
Cash-on-Cash
-19.1%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
$28,584/yr
NOI
$6,351/yr
Net Cash Flow
-$2,919/mo
Cash Margin
-122.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.151
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
16.4/ 100

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

Comparables

Properties near 57 Lakeport Road 307

Time

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Data last updated within the past 24 hours.