49 Michael Avenue, St. Catharines

$579,888
49 Michael Avenue

$579,888

New
63d
DetachedBungalow-Raised

49 Michael Avenue, St. Catharines

Total Monthly Obligation $3,064

HausQ Valuation Report
Beds
6
Baths
2
Park
4
Sqft
700-1100
DOM
63d
Score
19
Yield
5.0%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-X13703406
Beds-6
Bathrooms-2
Size-700-1100 sqft
Lot Size-40 × 110 ft
Listed on site-Aug 21, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$4,200 (2025)
Parking-4 - None
Basement-Apartment
Heating-Forced Air (Gas)
Brokerage-HOMELIFE SILVERCITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-460 - Burleigh Hill
Title-Residential Freehold

No agent assigned

Step into style and comfort in this beautifully updated bungalow ! Bright, open and inviting, the main living space welcomes you with soft natural light, warm-toned flooring, modern finishes The thoughtfully designed lower level truly complements the home's overall appeal, offering additional living space that can adapt to your lifestyle. Whether you're relaxing in the living room, cooking dinner in the open kitchen or enjoying quiet evenings in the backyard, this home caters to both intimate family moments and lively gatherings with friends. Located in a peaceful neighbourhood near parks, schools, shopping and everyday conveniences - it's a place where comfort comes naturally. Don't Miss This Investment Opportunity, Duplex Detached Bungalow-One Unit Rents For $2000 Per Month All Inclusive, The Other Unit rents for $1850 Per Month. Close To Brock University, Shopping Malls, Schools And Highways.

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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$463,910
Land Transfer Taxes$8,073
Legal Fees (Est.)
$
Total cash required for closing$125,551

Total Monthly Obligation

$3,064/mo
Mortgage $2,339
Monthly Loss $2,449
Principal$616
Interest$1,724
Property Tax$350
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.8%28
10-Year IRR
9.7%
Returns Index
15.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,776/yr
NOI
$17,198/yr
Net Cash Flow
-$906/mo
Cash Margin
-37.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
26.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 49 Michael Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.