123 A&B First Street Louth, St. Catharines

$999,900
123 A&B First Street Louth

$999,900

New
2d
DetachedSidesplit 4

123 A&B First Street Louth, St. Catharines

Total Monthly Obligation $5,116

Beds
4
Baths
4
Park
4
Sqft
2000-2500
DOM
2d
Score
15
Yield
3.8%
Cash on Cash
-8.6%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Detached
MLS® Number-X14104904
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-66.01 × 110 ft
Listed on site-Oct 21, 2026
Style-Sidesplit 4
Building Type-Detached
Age-31-50
Taxes-$8,492.48 (2026)
Parking-6 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-flexible
Neighbourhood-453 - Grapeview
Title-Residential Freehold

No agent assigned

A truly one-of-a-kind offering in the highly sought-after Grapeview neighbourhood! This rare property features two semi-detached split level homes under one ownership, creating an exceptional opportunity for multi-generational living, extended families, or those seeking a unique and versatile living arrangement. Together, the homes offer 4 bedrooms plus 2 dedicated dens/offices, skylights in B, solatubes in A, 2 family rooms and 4 full bathrooms(one with a skylight), providing generous space and flexibility for today's lifestyles. Situated on a corner lot each residence enjoys its own private entrances facing 2 different streets & each having a separate driveway, and attached garages (a single & a 1 1/2 car), allowing for independence while remaining conveniently connected. Another bonus is the shared inground pool (4 1/2' deep - no deep end) with pergola, outside lower level walk out close to washroom access, 2 large sheds, combination privacy fencing & iron fencing all surrounded by a lush mature landscape. Ideally located, you'll be just minutes from excellent schools, parks, highway access, major shopping, and the hospital. Enjoy the best of both worlds with nearby roadside markets offering fresh local produce, while still being close to every urban convenience. Properties with this distinctive configuration are exceptionally rare. Whether you're accommodating multiple generations under one ownership or simply looking for a home that offers unmatched flexibility, this is a unique opportunity you won't want to miss.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$799,920
Land Transfer Taxes$16,473
Legal Fees (Est.)
$
Total cash required for closing$217,953

Total Monthly Obligation

$5,116/mo
Mortgage $4,033
Monthly Loss $4,055
Principal$1,061
Interest$2,972
Property Tax$708
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.5%0
5-Year IRR
5.8%14
10-Year IRR
7.4%
Returns Index
8.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$38,400/yr
NOI
$21,568/yr
Net Cash Flow
-$2,236/mo
Cash Margin
-69.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.1/ 100

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

Comparables

Properties near 123 A&B First Street Louth

Time

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