32 Richmond Avenue, St. Catharines

$429,900
32 Richmond Avenue

$429,900

Price Change
17d
DetachedBungalow

32 Richmond Avenue, St. Catharines

Total Monthly Obligation $2,336

Beds
3
Baths
1
Park
4
Sqft
700-1100
DOM
17d
Score
22
Yield
5.8%
Cash on Cash
0.4%
Cap Rate
4.7%
5Y IRR
15.9%
10Y IRR
14.9%
Property Type-Detached
MLS® Number-X13868252
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-33 × 139 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Age-100+
Taxes-$2,725.42 (2026)
Parking-5 - Detached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-450 - E. Chester
Title-Residential Freehold

No agent assigned

Welcome to this updated, move-in-ready bungalow. Tucked away on a quiet street, this three-bedroom home offers wonderful backyard privacy, with trees and nature creating a peaceful retreat. Enjoy this natural setting while staying close to amenities and major highways, and within walking distance of Richard Pierpoint Park, community gardens, trails and local historic points of interest. Inside, the open-concept living and dining area flows into a lovely kitchen with newer appliances. A four-piece bathroom, updated lighting, fresh paint and attractive flooring add to the home's appeal. The basement features new subfloors, plenty of storage and flexible space for hobbies or additional living areas. The furnace and air conditioner were replaced in 2021. Outside, the private, fully fenced backyard features your own fruit trees and beautiful gardens-a welcoming space to relax, garden and play. The 33-by-139-foot lot includes a private driveway accommodating four vehicles, while the detached garage provides space for a car or a hobby workshop. Whether you're a first-time buyer, a young family or looking to downsize, this welcoming home has plenty to offer.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$343,920
Land Transfer Taxes$5,073
Legal Fees (Est.)
$
Total cash required for closing$92,553

Total Monthly Obligation

$2,336/mo
Mortgage $1,734
Monthly Loss $1,880
Principal$456
Interest$1,278
Property Tax$227
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-6.0%2
5-Year IRR
11.0%43
10-Year IRR
11.4%
Returns Index
22.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$25,032/yr
NOI
$15,303/yr
Net Cash Flow
-$459/mo
Cash Margin
-22.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
33.4/ 100

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

Comparables

Properties near 32 Richmond Avenue

Time

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Data last updated within the past 24 hours.