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Listed 2 months ago

19 Ormonde Avenue

445 - Facer, St. Catharines

$589,999

Detached|Bungalow
2 | 2 | 5
About this home

Turnkey, Renovated Throughout. Modern finishes. This home is perfect for starting out, small families, downsizing, or as an investment. With R2 zoning, this fully renovated 2+2 bedroom, 2 full bath bungalow has in-law suite or income potential Property with separate entrance to basement which has insulated floors, 2 bedrooms, a full bath, and kitchenette with set-up for appliances. The open concept main floor is great for entertaining with a new kitchen, quartz countertops, and modern finishes throughout. 2024 Tankless Water Tank. The exterior of the home has been tastefully updated with brand new vinyl siding (2023), new exterior door and new glass patio sliding doors. New state of the art garage w/remote control. Large new deck with raised garden beds Great for entertaining. Pleasantly located 4 Km. walk to the Welland Canal. Very close to shopping, the highway, schools, amenities, and steps to public transit. The home also features a large new deck with raised garden beds to enjoy.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,480
Lot Size40.08 ft x 85.18 ft
mls© NumberX13445124
Listed ByREMAX YOUR COMMUNITY 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%
$3,020
Property tax
$290
Heat allowance
$150
Housing costs
$3,460 / mo

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

Down payment20% · $118,000
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,483 / mo
Cash down
$118,000

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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