16 East Street, St. Catharines

$399,888
16 East Street

$399,888

New
15d
Detached1 1/2 Storey

16 East Street, St. Catharines

Total Monthly Obligation $2,229

Beds
3
Baths
1
Park
2
Sqft
700-1100
DOM
15d
Score
25
Yield
6.5%
Cash on Cash
3.1%
Cap Rate
5.2%
5Y IRR
18.0%
10Y IRR
16.6%
Property Type-Detached
MLS® Number-X13874870
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-40 × 145.1 ft
Listed on site-Oct 8, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$2,897 (2026)
Parking-2 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immed, 30, 60 Days
Neighbourhood-450 - E. Chester
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated 3-bedroom, 1-bathroom 1-storey home, thoughtfully updated with modern finishes while maintaining a warm and inviting feel. The main floor features a stunning floor-to-ceiling fireplace, updated lighting and pot lights, an updated kitchen with breakfast bar, and convenient main-floor laundry.Three comfortable bedrooms offer flexible space for family, guests, or a home office. Enjoy the spacious backyard, perfect for entertaining, relaxing, gardening, or summer gatherings.Updates: Furnace (2019), HWT (2019), Roof (2019), Windows (2019), A/C (2023).Conveniently located close to highway access, shopping, schools, parks, restaurants, and everyday amenities. Move-in ready and offering the perfect combination of style, comfort, and convenience.

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

Closing Costs

Mortgage Amount
$319,910
Land Transfer Taxes$4,473
Legal Fees (Est.)
$
Total cash required for closing$85,951

Total Monthly Obligation

$2,229/mo
Mortgage $1,613
Monthly Loss $1,805
Principal$424
Interest$1,189
Property Tax$241
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.7%3
5-Year IRR
12.8%56
10-Year IRR
12.9%
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
$26,172/yr
NOI
$16,158/yr
Net Cash Flow
-$267/mo
Cash Margin
-12.2%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
35.9/ 100

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

Comparables

Properties near 16 East Street

Time

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Data last updated within the past 24 hours.