88 Lakeport Road 3, St. Catharines

$747,000
88 Lakeport Road 3

$747,000

New
3d
Condo Townhouse2-Storey

88 Lakeport Road 3, St. Catharines

Total Monthly Obligation $4,651

Beds
2
Baths
3
Park
1
Sqft
1600-1799
DOM
3d
Score
16
Yield
5.4%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Condo Townhouse
MLS® Number-X14097554
Beds-2
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$6,977 (2026)
Maintenance-$856/mo
Locker-None
Parking-2 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-Family Room, Living Room, Natural Gas, Electric
Pool-None
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-totally flexible
Neighbourhood-438 - Port Dalhousie
Title-Residential Condo & Other

No agent assigned

This exceptional 2-bedroom, 3-bathroom townhouse offers almost 1700 square feet of sophisticated living space in the prestigious "On The Henley" enclave. The home showcases soaring ceilings in the living room, creating an impressive sense of openness and grandeur throughout the main level. Every detail reflects pristine condition and thoughtful maintenance, making this property truly move-in ready.The tranquil primary bedroom suite provides a peaceful retreat, while the fully finished basement adds valuable living space for recreation or home office needs. Step outside to the composite deck accessible through the dining room patio door, where you can enjoy partial views of Martindale Pond, the historic venue for the renowned Henley Regatta.This remarkable neighborhood location places you within walking distance of the beautiful lakefront beach and the famous carousel, offering endless recreational opportunities. Take leisurely strolls along the pier while watching spectacular sunsets over Lake Ontario. The nearby Port Dalhousie Pier Marina provides additional waterfront attractions and activities.The Royal Canadian Henley Rowing Course sits just minutes away, making this an ideal location for rowing enthusiasts or those who appreciate world-class sporting venues. The area's proximity to acclaimed wineries and brewhouses positions residents perfectly to explore the region's celebrated culinary and beverage scene.This townhouse combines comfortable living with an unbeatable location, offering residents the perfect balance of tranquil waterfront living and convenient access to recreational amenities. The combination of quality construction, pristine condition, and exceptional neighborhood features makes this property an outstanding opportunity for discerning buyers seeking this incredible lifestyle living.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$597,600
Land Transfer Taxes$11,415
Legal Fees (Est.)
$
Total cash required for closing$162,315

Total Monthly Obligation

$4,651/mo
Mortgage $3,013
Monthly Loss $3,858
Principal$793
Interest$2,220
Property Tax$581
Condo Fees$856
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.3%15
10-Year IRR
8.0%
Returns Index
9.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$40,368/yr
NOI
$16,682/yr
Net Cash Flow
-$1,623/mo
Cash Margin
-48.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
18.2/ 100

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

Comparables

Properties near 88 Lakeport Road 3

Time

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