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Listed 2 months ago

15 Rodman Street

451 - Downtown, St. Catharines

$389,900

Detached|Bungalow
1 | 2 | 1
About this home

Ideal little bungalow for someone just starting to get into the market or for someone wanting easy care living and No condo fees. Backing onto Terry Fox Trail with a separate Zen room for quiet reflection and nature watching. Easy access to public transit and shopping. full width covered front porch . kitchen and bathroom upgrades separate entrance into potential finished basement. This is a diamond in the rough for someone who doesn't mind a little bit of work.4 pc. bath down and a 3 pc. ensuite bath on main floor have both been upgraded. Flexible closing with vacant immediate possession.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,808
Lot Size30 ft x 84 ft
mls© NumberX13485502
Listed ByROYAL LEPAGE NRC 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%
$1,996
Property tax
$234
Heat allowance
$150
Housing costs
$2,380 / mo

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

Down payment20% · $77,980
25-yr amortization

Income needed

$73,000

gross annual household income

Payment at 4%
$1,641 / mo
Cash down
$77,980

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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