8 Lakeside Drive, St. Catharines

$645,000
8 Lakeside Drive

$645,000

New
46d
Detached2-Storey

8 Lakeside Drive, St. Catharines

Total Monthly Obligation $3,317

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
46d
Score
21
Yield
5.6%
Cash on Cash
-0.2%
Cap Rate
4.5%
5Y IRR
15.4%
10Y IRR
14.5%
Property Type-Detached
MLS® Number-X13751142
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-30.5 × 131.4 ft
Listed on site-Sep 7, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,082 (2025)
Parking-4 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-NIAGARA-ON-THE-LAKE REALTY (1994) LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-436 - Port Weller
Title-Residential Freehold

No agent assigned

Welcome to this charming 2-storey, 3-bedroom, 1.5-bath home in the heart of Port Weller East, one of Niagara's most inviting lakeside communities. Nestled on a fully fenced lot surrounded by mature trees and low-maintenance perennial gardens, this home offers the perfect balance of comfort, privacy, and convenience.The main floor features a warm and inviting living room with California shutters and a cozy gas fireplace, a 2-piece bathroom, and a bright eat-in kitchen that opens onto a private deck-ideal for morning coffee or summer BBQs. Upstairs, you'll find two bedrooms and a tranquil primary bedroom, along with a full 4-piece bathroom complete with a relaxing jetted tub.The finished basement provides additional living space with a large recreation room and a combined laundry/utility area. This home is also fully automated, featuring remote-controlled temperature settings, a smart security system with perimeter cameras, and integrated water, smoke, and CO sensors-all accessible from anywhere.Step outside to the welcoming front veranda for quiet relaxation, or enjoy the backyard, designed for both comfort and convenience. A spacious multi-level deck and flagstone pathways create the perfect setting for entertaining, while the hydro-equipped garden shed adds functionality. All of this is set against the scenic backdrop of the ravine and creek. The property also sits along a bird and butterfly migration path, offering vibrant and diverse sights throughout the seasons.All this is just a short stroll to Jones Beach, the marina, beautiful walking trails, and Happy Rolph's Animal Farm, with quick access to Niagara-on-the-Lake, St. Catharines shopping centres, grocery stores, and the QEW-offering the perfect blend of lakeside charm and city convenience.

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

Closing Costs

Mortgage Amount
$516,000
Land Transfer Taxes$9,375
Legal Fees (Est.)
$
Total cash required for closing$139,875

Total Monthly Obligation

$3,317/mo
Mortgage $2,602
Monthly Loss $2,632
Principal$685
Interest$1,917
Property Tax$340
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.3%2
5-Year IRR
11.4%46
10-Year IRR
11.7%
Returns Index
23.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$36,000/yr
NOI
$23,818/yr
Net Cash Flow
-$617/mo
Cash Margin
-20.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
26.1/ 100

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

Comparables

Properties near 8 Lakeside Drive

Time

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