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445 - Facer, St. Catharines
$499,900
Welcome to 36 Brighton! This maintained home is currently being used as a triplex. This is a great addition or start to your real estate investment portfolio. Or live in one unit and rent the others as a mortgage helper. Located in the fantastic location, this home offers unbeatable easy access to shopping, dining, highways, transit, schools, parks, and the downtown. This home features 5 beds, 3 baths and 3 kitchens. The main floor is a two bed apartment. The side door leads to the second floor one bedroom apartment and lower two bedroom apartment. Apartments have in-suite laundry. Freshly painted. Vacant and ready to lease at market rents. This is a great positive cashflow investment!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,874 |
| Lot Size | 35 ft x 100 ft |
| mls© Number | X13432164 |
| Listed By | EXP 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%
- $2,559
- Property tax
- $239
- Heat allowance
- $150
- Housing costs
- $2,948 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$91,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $99,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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