HN
242 Lakeport Road 28, St. Catharines, ON L2N 6V2, St. Catharines, ON
$399,888

242 Lakeport Road 28, St. Catharines, ON L2N 6V2, St. Catharines, ON

St. Catharines, ON L2N 6V2
3 beds 2 baths Condo Townhouse

About this home

Welcome to this charming townhome conveniently located in Century Village. Featuring 3 well sized bedrooms and 2 bathrooms. The main floor offers a beautifully updated walkthrough kitchen with extra cabinets, adjacent open dining area, a well proportioned living room with patio door access to your private rear patio. The upper floor includes 3 good sized bedrooms and a fully renovated bathroom with walk-in shower. Parking is conveniently located right in front of this unit. Hot water rental is owned. Great Opportunity For Both Investors And First Time Buyers - The Finished Basement is a significant plus, offering potential for additional income to offset your mortgage payments whether you're looking to live on the main floor rented for $1700 and basement rented for $1000 and add both units to your investment portfolio, this home offers flexibility and financial growth. The affordable $360.00 condominium fees include water, cable, common area maintenance and condominium insurance. Owner averages under $100/month for gas & hydro. Century Village is located in a desirable North end a short distance to Port Dalhousie's Lakeside Park beach, Waterfront walking trail, Port Weller's Sunset beach, the Welland Canal trail and many other great amenities like shopping and easy QEW access.

Property Score

62/ 100
Overall Property Score
good

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
58% of city avgexcellent
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
-$629/mofair
Estimated -$629/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
3.72%good
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13086960
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.