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Listed 2 months ago

378 Pelham Road

462 - Rykert/Vansickle, St. Catharines

$950,000

Detached|2-Storey
3 | 3 | 4
About this home

This spacious two-storey home is located in a very desirable and convenient location across from Rotary Park. Featuring 3 bedrooms and 2.5 bathrooms, this home offers spacious and functional living areas. The main level features a bright and open foyer, a living room which is open to a super convenient Butler's Pantry leading to the eat-in kitchen. The kitchen is open to a family room with a gas fireplace and patio door access to the fully fenced back yard. The main floor is completed with a 2 pce washroom, laundry room and garage access. The Second floor features a large primary suite complete with a 4 pce ensuite and a handy loft space that can function as an office set-up or reading nook. There are two additional bedrooms that share a 5 pce bathroom with a Jack and Jill set up. The unfinished basement offers lots of extra potential living space and has walk-up access to the garage. Several updates include a newer roof (2023) and AC unit (2018).

Extras

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age16-30
Size2500-3000 sq. ft.
Property Tax$8,935
Lot Size51.02 ft x 106.36 ft
mls© NumberX13525550
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%
$4,863
Property tax
$745
Heat allowance
$150
Housing costs
$5,757 / mo

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

Down payment20% · $190,000
25-yr amortization

Income needed

$177,000

gross annual household income

Payment at 4%
$3,998 / mo
Cash down
$190,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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Comparable sales

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