8 Tasker Street, St. Catharines

$349,900
8 Tasker Street

$349,900

New
8d
Duplex1 1/2 Storey

8 Tasker Street, St. Catharines

Total Monthly Obligation $1,997

Beds
2
Baths
2
Park
2
Sqft
700-1100
DOM
8d
Score
26
Yield
6.8%
Cash on Cash
4.2%
Cap Rate
5.5%
5Y IRR
18.9%
10Y IRR
17.4%
Property Type-Duplex
MLS® Number-X14083716
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-42.3 × 66 ft
Listed on site-Oct 15, 2026
Style-1 1/2 Storey
Building Type-Duplex
Age-100+
Taxes-$2,523.81 (2026)
Parking-2 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flex
Neighbourhood-450 - E. Chester
Title-Residential Freehold

No agent assigned

Look no further! This front to back 2-unit property provides AMAZING value for a freehold, detached home and a huge opportunity to generate great cash flow. Once an old church, the building has been thoughtfully converted into two charming one-bedroom apartments, each filled with distinctive architectural details that set it apart from standard rentals. Both units are vacant to achieve market rents, providing 2 private parking spots on site with all amenities within walking distance! The unique outbuilding in the rear yard is ready to be used as your imagination desires, whether a short term rental or additional space for the existing units. Great opportunity to live in one unit and rent out the other to build some significant equity. This property is your sign to get into the real estate market and take advantage of entry level pricing!

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

Closing Costs

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

Total Monthly Obligation

$1,997/mo
Mortgage $1,411
Monthly Loss $1,625
Principal$371
Interest$1,040
Property Tax$210
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%28
Cash-on-Cash
-3.2%4
5-Year IRR
13.2%59
10-Year IRR
13.2%
Returns Index
30.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$23,940/yr
NOI
$14,522/yr
Net Cash Flow
-$201/mo
Cash Margin
-10.1%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8617
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo80
Risk Index
38.6/ 100

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

Comparables

Properties near 8 Tasker Street

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.