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Listed 12 days ago

38 Yates Street

451 - Downtown, St. Catharines

$1,888,000

Detached|2 1/2 Storey
4 | 3 | 6
About this home

Come to visit this grand & statueque mansion & instantly be awed & want to call it this home 38 Yates where perfection has stood the test of time since 1863. Historically significant & fully restored mansion maintaining the test of opulence of a by gone era but with all the modern conveniences. 11' ceilings with original italianite plaster detailing. An addition with 9' ceilings was added in late 1890's. Principal rooms are all large & have original ornate fireplaces (non working). The front living room is being used as a media room. Massive pocket doors open to a library/art room with a fireplace. The formal dining room easily seats 10+. Go out the garden door to your paradise yard. The heart of the home is the updated eat-in kitchen with high-end appliances, granite counters & opens to the sun-filled family room with wall-to-wall windows & a working gas fireplace. A very large pantry room & coatroom completes the space. Use the back stairs or the grand formal main stairway to go to the 2nd level. The front primary suite has a few stairs to the private space. A large office has built-in bookcases & lots of light. The 5pc ensuite has 2 classic pedestal sinks, a walk-in jet tub, separate shower. The primary bedroom is bright & cheery with natural light. What was a bedroom is now a dressing room with wall-to-wall closets, a centre-drawered island & a vanity. Two more bedrooms follow. Plus a 4pc with a separate shower & soaker tub. The laundry room has cabinets, sink & a full-size washer & dryer. A hidden stairway leads to the top floor finished with wall-to-wall cabinets & windows - ideal for beds, playroom, art or writer's room. The yard is magnificent with shade & sun areas, pathways, fountain, covered patio, hot tub, & large shed with a house generator. The garage has a lift to allow for 2 cars. Concrete driveway easily parks 3-4 cars. Classic heritage, major modern updates, superior location & outstanding price. Come home to 38 Yates Street.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2 1/2 Storey
Approx. Age100+
Size3500-5000 sq. ft.
Property Tax$11,164
Lot Size100 ft x 144.3 ft
mls© NumberX13668276
Listed ByMCGARR REALTY CORP, 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%
$9,664
Property tax
$930
Heat allowance
$150
Housing costs
$10,744 / mo

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

Down payment20% · $377,600
25-yr amortization

Income needed

$331,000

gross annual household income

Payment at 4%
$7,945 / mo
Cash down
$377,600

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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