215 Glenridge Avenue 505, St. Catharines

$290,000
215 Glenridge Avenue 505

$290,000

New
16d
Condo Apartment1 Storey/Apt

215 Glenridge Avenue 505, St. Catharines

Total Monthly Obligation $2,153

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
800-899
DOM
16d
Score
25
Yield
8.9%
Cash on Cash
2.9%
Cap Rate
5.2%
5Y IRR
17.9%
10Y IRR
16.5%
Property Type-Condo Apartment
MLS® Number-X13874250
Beds-1
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 7, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$1,786.92 (2026)
Maintenance-$633.86/mo
Locker-None
Parking-None
Basement-None
Heating-Baseboard (Other)
Brokerage-RIGHT AT HOME REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Vacant
Neighbourhood-461 - Glendale/Glenridge
Title-Residential Condo & Other

No agent assigned

Whether you're entering the Niagara housing market, searching for a low-maintenance investment, or ready to simplify your lifestyle, this beautifully updated condominium is an opportunity you won't want to miss. Offering approximately 820 sq. ft. of bright, thoughtfully designed living space, this spacious one-bedroom, one-bathroom suite is located in the impeccably maintained Glencourt Place building, just minutes from schools, shopping, places of worship, highways, public transit, and Niagara's vibrant downtown core. Move-in ready and tastefully refreshed, the entire unit has been freshly painted including the ceilings, creating a clean, modern aesthetic throughout. Parking is available at a low monthly cost: $20 for outdoor parking and $25 for underground parking. Residents also enjoy access to a refreshing outdoor in-ground pool, ideal for relaxing on warm summer days. An exceptional blend of value, location, and turnkey convenience, this is easy condo living at its best.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$232,000
Land Transfer Taxes$2,825
Legal Fees (Est.)
$
Total cash required for closing$62,325

Total Monthly Obligation

$2,153/mo
Mortgage $1,170
Monthly Loss $1,845
Principal$308
Interest$862
Property Tax$149
Condo Fees$634
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.1%3
5-Year IRR
12.9%57
10-Year IRR
13.2%
Returns Index
29.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$25,884/yr
NOI
$11,502/yr
Net Cash Flow
-$211/mo
Cash Margin
-9.8%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo76
Risk Index
36.4/ 100

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

Comparables

Properties near 215 Glenridge Avenue 505

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.