211 First Street Louth, St. Catharines

$899,900
211 First Street Louth

$899,900

New
18d
DetachedBungalow

211 First Street Louth, St. Catharines

Total Monthly Obligation $4,583

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
18d
Score
16
Yield
4.2%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-X13865058
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-14.1 × 98.69 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,941 (2026)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-453 - Grapeview
Title-Residential Freehold

No agent assigned

Solid bungalow located in the highly desirable Grapeview community, just minutes from Walmart SmartCentres, Ridley College, the Pen Centre, the new hospital, and Brock University. The main level features 3 bedrooms, 2 full bathrooms, a spacious living room, and an open-concept kitchen and dining area. Patio doors lead to a large deck overlooking the backyard. The fully finished basement offers an additional bedroom, a full bathroom, and a generous recreation room, providing plenty of extra living space. Complete with a double-car garage and parking for 4 additional vehicles in the driveway. A wonderful opportunity in a convenient, family-friendly neighbourhood!

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

Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,583/mo
Mortgage $3,630
Monthly Loss $3,628
Principal$955
Interest$2,675
Property Tax$578
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.2%19
10-Year IRR
8.4%
Returns Index
10.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$38,040/yr
NOI
$22,795/yr
Net Cash Flow
-$1,730/mo
Cash Margin
-54.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.8/ 100

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

Comparables

Properties near 211 First Street Louth

Time

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