151 Linwell Road 37, St. Catharines

$410,000
151 Linwell Road 37

$410,000

New
18d
Condo Townhouse2-Storey

151 Linwell Road 37, St. Catharines

Total Monthly Obligation $2,497

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
18d
Score
23
Yield
6.9%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
15.9%
10Y IRR
14.9%
Property Type-Condo Townhouse
MLS® Number-X13863350
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-51-99
Taxes-$2,671.17 (2026)
Maintenance-$421/mo
Locker-None
Parking-1 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HENDRIKS TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Possession-Flexible
Neighbourhood-443 - Lakeport
Title-Residential Condo & Other

No agent assigned

Completely renovated two-storey townhome offering excellent value and a true move-in-ready opportunity. Recently updated throughout, this home allows you to simply unpack and start living. Entering the home, you're greeted by a bright, freshly painted interior with new flooring and a refreshed kitchen featuring a brand new stove, plenty of cabinetry and a functional layout. The kitchen leads into the formal dining area and oversized living room with patio doors opening directly to the fully fenced back patio. This private outdoor space is perfect for relaxing without the maintenance of a large yard. The main floor is completed with a fully renovated two-piece bathroom featuring a stylish shaker-style vanity. Upstairs you'll find three sizeable bedrooms. The primary bedroom features a double closet while both additional bedrooms offer their own closet space and overlook the backyard below. The upper-level four-piece bathroom has also been completely renovated with a brand new vanity and tub/shower with tiled surround. The living space continues into the lower level with a completely finished and renovated rec-room featuring new flooring, new trim and fresh paint. A large storage area provides plenty of additional space and is also where the laundry is located. Set in a desirable North-end St. Catharines location only minutes from Port Dalhousie, walking distance to schools, shopping, restaurants and located directly on a bus route. At an attractive price point this is a great opportunity to move into a renovated home without the worry or expense of additional work.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$328,000
Land Transfer Taxes$4,675
Legal Fees (Est.)
$
Total cash required for closing$88,175

Total Monthly Obligation

$2,497/mo
Mortgage $1,654
Monthly Loss $2,062
Principal$435
Interest$1,219
Property Tax$223
Condo Fees$421
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
11.9%49
10-Year IRR
12.2%
Returns Index
25.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$28,392/yr
NOI
$15,430/yr
Net Cash Flow
-$368/mo
Cash Margin
-15.6%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
32.4/ 100

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

Comparables

Properties near 151 Linwell Road 37

Time

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