379 SCOTT Street 103, St. Catharines

$475,000
379 SCOTT Street 103

$475,000

New
16d
Condo ApartmentApartment

379 SCOTT Street 103, St. Catharines

Total Monthly Obligation $3,205

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
16d
Score
17
Yield
5.9%
Cash on Cash
-8.2%
Cap Rate
2.8%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Condo Apartment
MLS® Number-X13870354
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$4,840 (2025)
Maintenance-$685.64/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Stone
Roof-Tar and Gravel
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-442 - Vine/Linwell
Title-Residential Condo & Other

No agent assigned

This immaculate ground-floor suite in sought-after Walker's Creek offers immediate value and a carefree start to your next chapter. Downsize without sacrificing space or privacy, and enjoy no condo fees until December/2026. The open-concept living area opens to a spacious east-facing terrace with morning sun, overlooking the creek and mature trees. The kitchen is exceptionally functional, with quartz countertops, a tiled backsplash, a large island for casual dining and deep drawers. The primary suite features a generous walk-in closet and a spa-inspired ensuite with double vanity and walk-in shower. A second bedroom and 4-piece bath sit on the opposite side of the suite for privacy. The in-suite laundry room includes a sink, stackable washer and dryer and extra storage. Walker's Creek is a well-maintained 5-storey building known for its strong, knowledgeable board and warm, connected community, with an active social committee hosting gatherings throughout the year. Amenities include an event room with full kitchen (seats 50+), a creekside gazebo with BBQ and seating, a 2nd-floor conservatory with books, games tables, lounge areas and light exercise equipment, and a workshop. Built with Insulated Concrete Forms (steel-reinforced concrete with rigid insulation) for exceptional durability, energy efficiency and sound reduction. Steps to Grantham Plaza, Sobeys, Meridian Credit Union, Tim Hortons, Wimpy's Diner, pharmacies and walking trails.

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

Closing Costs

Mortgage Amount
$380,000
Land Transfer Taxes$5,975
Legal Fees (Est.)
$
Total cash required for closing$102,475

Total Monthly Obligation

$3,205/mo
Mortgage $1,916
Monthly Loss $2,701
Principal$504
Interest$1,412
Property Tax$403
Condo Fees$686
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.0%0
5-Year IRR
5.7%13
10-Year IRR
7.6%
Returns Index
7.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$27,936/yr
NOI
$9,675/yr
Net Cash Flow
-$1,110/mo
Cash Margin
-47.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
24.0/ 100

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

Comparables

Properties near 379 SCOTT Street 103

Time

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