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Listed 2 months ago

100 Louth Street

458 - Western Hill, St. Catharines

$648,000

Detached|Bungalow
4 | 2 | 6
About this home

Welcome to 100 Louth Street, a newly renovated property offering exceptional versatility and future potential in a convenient St. Catharines location.This property features two self-contained units with separate entrances, making it ideal for multi-generational living, owner-occupancy with possible rental income or as a turnkey investment. The main unit offers 3 spacious bedrooms, a bright kitchen, and a modern 4-piece bathroom. The second unit features 1 bedroom, its own kitchen, and a 4-piece bathroom. Recent renovations provide a fresh, updated feel throughout, allowing buyers to move in or begin generating potential rental income. Situated on a large lot, the property offers ample outdoor space, 6 car driveway and exciting future possibilities. For those looking to maximize development potential, 100 Louth Street can be purchased together with the neighbouring property at 98 Louth Street. Conveniently located close to shopping, schools, parks, and public transit, this is an opportunity to secure a renovated income-generating property with long-term upside potential.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,691
Lot Size65.82 ft x 166.73 ft
mls© NumberX13497236
Listed ByINFINITY 8 REALTY INC.

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%
$3,317
Property tax
$308
Heat allowance
$150
Housing costs
$3,774 / mo

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

Down payment20% · $129,600
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,727 / mo
Cash down
$129,600

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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