1 Lakeside Drive 14, St. Catharines

$749,000
1 Lakeside Drive 14

$749,000

New
17d
Condo Townhouse2-Storey

1 Lakeside Drive 14, St. Catharines

Total Monthly Obligation $4,400

Beds
2
Baths
4
Park
3
Sqft
1400-1599
DOM
17d
Score
15
Yield
4.1%
Cash on Cash
-12.0%
Cap Rate
2.0%
5Y IRR
6.2%
10Y IRR
7.3%
Property Type-Condo Townhouse
MLS® Number-X13871910
Beds-2
Bathrooms-4
Size-1400-1599 sqft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$5,563.41 (2026)
Maintenance-$715/mo
Locker-None
Parking-4 - Attached
Basement-Finished, Finished with Walk-Out, Full
Heating-Forced Air (Gas)
Brokerage-NIAGARA-ON-THE-LAKE REALTY (1994) LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick Veneer, Wood
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-30 days
Neighbourhood-436 - Port Weller
Title-Residential Condo & Other

No agent assigned

Welcome to Newport Quay, a sought-after waterfront community offering a maintenance-free, carefree lifestyle along the shores of Lake Ontario. This beautifully maintained townhome has been thoughtfully upgraded and offers spacious, versatile living throughout. The impressive kitchen is a chef's delight, featuring an abundance of cabinetry, granite countertops and plenty of workspace. The dining area overlooks the bright and inviting living room, highlighted by a large Palladian window and walkout to a charming Juliette balcony. Upstairs, the spacious Primary suite easily accommodates a king-size bedroom suite and offers generous closet space, along with a luxurious five-piece ensuite. A well-appointed second bedroom and four-piece bathroom complete the upper level. The lower level provides additional flexibility with a walkout and space ideally suited for a home office, guest accommodations or additional living area. A private sauna and convenient standalone shower add comfort and versatility to this level. Enjoy beautifully maintained common grounds featuring a Pavilion, BBQ area, picnic space and inviting pool. Common element fees include landscaping and lawn care, window cleaning and repairs, snow removal, water, basic cable, internet, building insurance, pool maintenance and much more, making everyday living truly effortless. Ideally located within walking distance of Lake Ontario and Jones Beach, with easy access to the St. Catharines Marina and scenic walking trails along the Welland Canal. A wonderful opportunity to enjoy relaxed waterfront living with an exceptional low-maintenance lifestyle.

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

Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$4,400/mo
Mortgage $3,021
Monthly Loss $3,605
Principal$795
Interest$2,226
Property Tax$464
Condo Fees$715
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.5%9
Cash-on-Cash
-15.7%0
5-Year IRR
3.5%7
10-Year IRR
5.8%
Returns Index
4.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$30,612/yr
NOI
$11,007/yr
Net Cash Flow
-$2,104/mo
Cash Margin
-82.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.302
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
18.4/ 100

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

Comparables

Properties near 1 Lakeside Drive 14

Time

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