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Listed 4 months ago

118 Jacobson Avenue

461 - Glendale/Glenridge, St. Catharines

$649,900

Detached|Bungalow
3 | 2 | 5
About this home

Welcome to this versatile opportunity located in the highly desirable south end of St. Catharines. This well-maintained property provides excellent flexibility for investors, families, or those seeking multi-generational living. The fully renovated basement features two oversized bedrooms, a separate entrance to a full kitchen, and a 3-piece bathroom-ideal for rental income or extended family. The main floor features three generously sized bedrooms and a four-piece bathroom. Additional highlights include an oversized fully fenced backyard, ample parking for 5+ vehicles in the driveway, and a carport with convenient inside access to both the main floor and basement. Perfectly situated just a 2-minute walk to the Pen Centre, with quick access to Highway 406 and Brock University, this turn-key home is an exceptional opportunity in a prime location. Don't miss out!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,416
Lot Size60 ft x 100 ft
mls© NumberX13022398
Listed ByROYAL LEPAGE STATE REALTY

Listing History

  • No recent sale history for this listing.
  • 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%
$3,326
Property tax
$368
Heat allowance
$150
Housing costs
$3,844 / mo

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

Down payment20% · $129,980
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

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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