81 Scott Street 711, St. Catharines

$371,000
81 Scott Street 711

$371,000

New
18d
Condo ApartmentApartment

81 Scott Street 711, St. Catharines

Total Monthly Obligation $2,850

Beds
2
Baths
1
Park
33
Sqft
900-999
DOM
18d
Score
19
Yield
8.1%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Condo Apartment
MLS® Number-X13864014
Beds-2
Bathrooms-1
Size-900-999 sqft
Lot Size-3.3 Acres
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$3,585 (2025)
Maintenance-$854.92/mo
Locker-Ensuite+Exclusive
Parking-177 - Underground
Basement-Full
Heating-Heat Pump (Electric)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Roof-Flat
Foundation-Concrete
Possession-flexible
Neighbourhood-443 - Lakeport
Title-Residential Condo & Other

No agent assigned

Beautiful and Luxurious 2 Bedroom condo offering stunning panoramic city views. The condo had extensive renovations. Completely move-in ready-just bring your furniture and hang your clothes. Features include very spacious kitchen with Upgraded cabinets, quartz countertops, ample cupboard and drawer space., high quality and built-in appliances in kitchen, vinyl plank floors throughout. 5 panel interior doors,. Large master bedroom w/walk-in closet with pot lights and large bow window ideal sitting area. The updated bathroom offers a walk-in shower. Includes in-suite laundry, central air, One underground parking space, a large in-suite storage room, and an additional storage locker are included. Extra parking is available. The building sits on approximately 3.3 acres of beautifully landscaped grounds and offers exceptional amenities: heated saltwater pool, BBQ areas, waterfall seating areas, car wash bay, guest suite, party room, billiards and exercise rooms, bicycle storage, ample visitor parking, and high-speed internet included in the condo fees. Walking distance to shops, transit, restaurants, and Fairview Mall, with easy access to the QEW. Ideal for retirees or busy professionals. Includes fridge, stove, dishwasher, washer, and dryer. California shutters in living and dining area. New furnace 2020. Please note: dogs and smoking are not permitted.

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

Closing Costs

Mortgage Amount
$296,800
Land Transfer Taxes$4,040
Legal Fees (Est.)
$
Total cash required for closing$79,740

Total Monthly Obligation

$2,850/mo
Mortgage $1,497
Monthly Loss $2,456
Principal$394
Interest$1,103
Property Tax$299
Condo Fees$855
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
9.1%29
10-Year IRR
10.2%
Returns Index
15.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$30,036/yr
NOI
$10,788/yr
Net Cash Flow
-$597/mo
Cash Margin
-23.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
27.4/ 100

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

Comparables

Properties near 81 Scott Street 711

Time

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