35 Towering Heights Boulevard 1002, St. Catharines

$349,900
35 Towering Heights Boulevard 1002

$349,900

New
14d
Condo ApartmentApartment

35 Towering Heights Boulevard 1002, St. Catharines

Total Monthly Obligation $2,895

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
14d
Score
20
Yield
8.9%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Condo Apartment
MLS® Number-X13883722
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$3,621 (2025)
Maintenance-$982.16/mo
Locker-Common
Parking-1 - None
Basement-None
Heating-Radiant (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Window Unit(s)
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Stucco (Plaster)
Possession-Flexible
Neighbourhood-461 - Glendale/Glenridge
Title-Residential Condo & Other

No agent assigned

PRICED TO SELL! Amongst the lowest $/sqft for a 3-bedroom condo in St. Catharines! This unit would benefit from some TLC, and that's exactly where the value is. Bring your vision and your paintbrush, and build equity from day one. The bones are here: a bright, oversized living/dining area with walls of windows overlooking city views, a rare windowed kitchen, a primary bedroom with a 2-pc ensuite, two more generous bedrooms, a 4-pc main bath with tiled tub surround, and parquet flooring throughout. Condo fees include heat, hydro, water and building insurance, so there are no surprise utility bills. Building amenities include an indoor pool, sauna, fitness room, party room, library, game room, workshop, BBQ area, onsite laundry and a storage locker. One surface parking spot ($20/mo). Pets permitted with restrictions. Steps to Burgoyne Woods, minutes to Brock University, local secondary schools, the Pen Centre, transit and downtown. A strong fit for investors, first-time buyers ready to put in some sweat equity, or downsizers wanting space without the house. Opportunities at this price point don't last. Some images have been AI enhanced/virtually staged.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$2,895/mo
Mortgage $1,411
Monthly Loss $2,524
Principal$371
Interest$1,040
Property Tax$302
Condo Fees$982
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.8%1
5-Year IRR
9.4%31
10-Year IRR
10.6%
Returns Index
16.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$31,284/yr
NOI
$10,349/yr
Net Cash Flow
-$549/mo
Cash Margin
-21.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
27.2/ 100

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

Comparables

Properties near 35 Towering Heights Boulevard 1002

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.