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New5 days ago

375 Almond Lane

455 - Secord Woods, St. Catharines

$439,900

Detached|Bungalow
3 | 3 | 5
About this home

This unique property offers 3 separate 1-bedroom units, with their own private entrance, kitchen, living area, bedroom and three-piece bath. With a thoughtful layout, it's easy to accommodate multiple situations - live in one unit and lease out the other two, lease all three units for solid rental income, or use the space to comfortably support a multigenerational family. Ample on-site parking. Conveniently located within walking distance to major shopping centres, cinema, restaurants, schools, and bus routes with easy access to the highway and the Welland Canal. Whether you're looking to invest, downsize with income potential, or find a flexible family living solution, this property is a rare find. Dont miss out!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age100+
Size700-1100 sq. ft.
Property Tax$2,261
Lot Size66 ft x 48 ft
mls© NumberX13851684
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%
$2,252
Property tax
$188
Heat allowance
$150
Housing costs
$2,590 / mo

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

Down payment20% · $87,980
25-yr amortization

Income needed

$80,000

gross annual household income

Payment at 4%
$1,851 / mo
Cash down
$87,980

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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