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443 - Lakeport, St. Catharines
$475,000
Welcome to 557 Geneva Street. This bungalow can be used as a single family home or multi-family rental (main floor unit and lower unit) an is a perfect opportunity for savvy investors or a family looking for a great in-law setup. Step inside the main floor unit to find solid surface floors, a massive updated eat-in kitchen, formal living room a four piece bathroom and 3 bedrooms (1 bedroom features laundry hookups). The basement unit of the home is also accessible via a separate entrance and offers one bedroom, one three piece bathroom, a den area, eat-in kitchen and a spacious living room. The massive fenced backyard includes a patio space, shed and offers plenty of room for the kids and pets to enjoy. Being located on Geneva street means all amenities are only moments away. Schools, shopping, the 406 and even Lake Ontario are nearby.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,574 |
| Lot Size | 51 ft x 120.75 ft |
| mls© Number | X13659662 |
| Listed By | ROYAL 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%
- $2,431
- Property tax
- $298
- Heat allowance
- $150
- Housing costs
- $2,879 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$89,000
gross annual household income
- Payment at 4%
- $1,999 / mo
- Cash down
- $95,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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