$350,000

For sale

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#808 81 Scott Street, St. Catharines (Lakeport) - Single Family for Sale

#808 81 Scott Street, St. Catharines (Lakeport), Ontario, L2N7L5

1 bed1 bath1 parking ft²

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Listed by ENGEL & VOLKERS NIAGARA

#601 81 Scott Street, St. Catharines (Lakeport), Ontario, L2N7L5

For sale

12 days ago

$350K

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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Investment analysis

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$350,000

St. Catharines

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Overview

This 1-bedroom, 1-bathroom condo in St. Catharines is for sale offering roughly 750 sq ft of space. Listed at $350,000, it is attractively priced about 12% below the $399,000 median asking price in St. Catharines. It has been on the market 8 days, fresher than the St. Catharines average of 49 days.

Condos for Sale in St. Catharines →All real estate in St. Catharines →

Description

A condo with a view! Amazing panoramic view of the escarpment from this spacious one bedroom condo in a well maintained building. Kitchen has many upgrades including counters and a built in wine fridge. Open living/dining rooms with the breathtaking view and a warm fireplace. Spacious bedroom with plenty of light coming in from the large windows. Conveniences include en-suite laundry, one parking spot and one locker. (id:66096)

Property Details

MLS®: X14121516
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Heat Pump, Electric
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $639/mo
Fee Includes: Common Area Maintenance, Cable TV, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,165/yr
Listed: 8 days ago

Area context

Neighbourhood profile (L2N)

This home lists at $350,000, about 4.5× the local median household income of $78,500.

Carrying it typically needs a household income of about $68,367 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $78,500
Population: 30,719
Median age: 52
Owner / renter: 73% / 27%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L2N)

$350,000· $467/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,500

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,300 capitalized)

Property tax (est.)$264/mo

Condo fee$639/mo

Total monthly$2,747

Cash Needed to Close

Down payment (5%)$17,500

Land transfer tax$3,725

Est. closing costs$3,550

Total cash needed$24,775

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#808 81 Scott Street, St. Catharines (Lakeport) - Single Family for Sale

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