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Listed 26 days ago

12 A Third Ave Louth Avenue

453 - Grapeview, St. Catharines

$499,000

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

Welcome to 12A Third Ave Louth, a spacious and versatile home with plenty of potential in the desirable Grapeview neighbourhood. Set on a deep 158-foot lot, the property offers two kitchens, separate living areas on each level and a variety of flexible rooms that can be adapted to suit your needs-ideal for multigenerational living, house hacking, an investment opportunity or a large family. The home needs updating and TLC but provides an excellent opportunity to create your vision and build equity. Generous room sizes offer plenty of flexibility, including an interior workshop that could potentially be converted into additional living space, a home office, recreation room or bedroom. The rear addition features soaring ceilings and a sliding-door walkout, while the large 28 ft. by 16 ft. upper deck is perfect for relaxing or entertaining. Located close to excellent schools, Marotta Family Hospital, shopping and everyday amenities, with Port Dalhousie and Niagara's renowned wineries just a short drive away. A great opportunity in a prime location, offering the space, adaptable layout and potential to bring your vision to life.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$4,310
Lot Size38.7 ft x 158 ft
mls© NumberX13617766
Listed ByMOVERIGHT REAL ESTATE, BROKERAGE

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%
$2,554
Property tax
$359
Heat allowance
$150
Housing costs
$3,063 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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