162 Martindale Road 801, St. Catharines

$429,000
162 Martindale Road 801

$429,000

New
6d
Condo Apartment1 Storey/Apt

162 Martindale Road 801, St. Catharines

Total Monthly Obligation $3,025

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
800-899
DOM
6d
Score
43
Yield
10.7%
Cash on Cash
12.1%
Cap Rate
7.2%
5Y IRR
25.4%
10Y IRR
22.9%
Property Type-Condo Apartment
MLS® Number-X14090760
Beds-1
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 17, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$3,621 (2026)
Maintenance-$793.04/mo
Locker-Exclusive
Parking-1 - Underground
Basement-Other
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY, BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Foundation-Poured Concrete
Possession-ASAP
Neighbourhood-453 - Grapeview
Title-Residential Condo & Other

No agent assigned

The Grenadier Place is St. Catharines Premier Condominium- Absolutely stunning 1 Bedroom,1 Bathroom 8th floor suite. This contemporary unit features wall to wall windows with Western views of spectacular sunsets . Renovated kitchen with Stainless steel appliances. Renovated bathroom with large walk in glass shower and suspended vanity. The master bedroom has a large walk in closet & wall to wall windows. This unit also features its own laundry room, and its own 'owned' large parking space underground. There is a extra private storage space in Basement, as well as fantastic pool, hot tub, sauna, party room, guest lodging and lovely landscaping to enjoy yourself out doors. Walking distance to 4th Ave shopping, restaurants, the General Hospital and 20 mile creek & right off the Highway.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$343,200
Land Transfer Taxes$5,055
Legal Fees (Est.)
$
Total cash required for closing$92,355

Total Monthly Obligation

$3,025/mo
Mortgage $1,730
Monthly Loss $2,570
Principal$455
Interest$1,275
Property Tax$302
Condo Fees$793
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
6.0%50
Cash-on-Cash
5.5%24
5-Year IRR
20.5%93
10-Year IRR
19.4%
Returns Index
56.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
43/ 100
Poor•Caution

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$45,948/yr
NOI
$25,816/yr
Net Cash Flow
$421/mo
Cash Margin
11.0%31
Cash Flow Index
31.0/ 100
Risk Profile
Weight: 20%
DSCR
1.2449
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
39.9/ 100

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

Comparables

Properties near 162 Martindale Road 801

Time

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