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Price Change$789,000

54 Nello Street

446 - Fairview, St. Catharines

$739,000

Detached|Sidesplit 5
3 | 3 | 5
About this home

This renovated 5-level side split offers the perfect blend of space, functionality, and income potential. Home is set in a quiet cul du sac, located in family friendly North St. Catharines. The standout feature is the fully self-contained, legal 1-bedroom + den accessory dwelling unit in the basement, above grade windows, complete with its own kitchen, full bathroom, and separate living space-perfect for generating rental income or accommodating extended family. Separately on it's own, this apartment is contained with no access to upstairs unit from inside. The main area of the house has 3 levels which features 3 spacious bedrooms, 1.5 bathrooms, open concept, kitchen, living and dining. A separate family room (currently being used as a 4th bedroom) can also be great as a flex space or a private office on it's own floor with its own bathroom. No neighbours behind and a large covered porch is great for entertaining. Additional highlights include a private garage, ample parking, and a 200 amp electrical panel. Don't miss your chance to own a versatile property with built-in income potential. **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleSidesplit 5
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,564
Lot Size50 ft x 100.2 ft
mls© NumberX13021758
Listed ByJJN REALTY BROKERAGE INC.

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,783
Property tax
$464
Heat allowance
$150
Housing costs
$4,396 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $147,800
25-yr amortization

Income needed

$135,000

gross annual household income

Payment at 4%
$3,110 / mo
Cash down
$147,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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