$599,888

49 Michael Avenue, St. Catharines, ON L2T 1S2, St. Catharines, ON

St. Catharines, ON L2T 1S2

6 beds 2 baths Detached

About this home

Step into style and comfort in this beautifully updated bungalow ! Bright, open and inviting, the main living space welcomes you with soft natural light, warm-toned flooring, modern finishes The thoughtfully designed lower level truly complements the home's overall appeal, offering additional living space that can adapt to your lifestyle. Whether you're relaxing in the living room, cooking dinner in the open kitchen or enjoying quiet evenings in the backyard, this home caters to both intimate family moments and lively gatherings with friends. Located in a peaceful neighbourhood near parks, schools, shopping and everyday conveniences - it's a place where comfort comes naturally. Don't Miss This Investment Opportunity, Duplex Detached Bungalow-One Unit Rents For $2000 Per Month All Inclusive, The Other Unit rents for $1850 Per Month. Close To Brock University, Shopping Malls, Schools And Highways.

Property Score

71/ 100

Overall Property Score

great

A blend of both buyer and investor metrics.

Score breakdown

Walkability

55/100good

Score based on neighborhood density, downtown proximity, and walkable amenities.

Transit Access

60/100good

GO Transit, LRT, and bus access from this neighborhood.

Schools

68/100good

Based on local school rankings (Fraser Institute proxy).

Affordability

88% of city avggood

Priced below St. Catharines's average of $685,000.

Appreciation Trend

+1.5%/yrgood

St. Catharines has seen +1.5% YoY price change.

Monthly Cash Flow

+$302/mogood

Estimated $302/mo at 20% down, 5% rate, 25-yr amortization.

Cap Rate

6.22%excellent

Net operating income divided by purchase price.

Basement Suite Potential

+$1,380/moexcellent

Existing/legal suite estimated at $1,380/mo additional income.

Move-In Ready

Avggreat

Estimate. Use the listing description and photos to assess actual condition.

MLS^® # X13081526

Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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