118 West Street 604, Port Colborne

$599,000
118 West Street 604

$599,000

New
42d
Condo ApartmentApartment

118 West Street 604, Port Colborne

Total Monthly Obligation $3,695

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
42d
Score
16
Yield
4.8%
Cash on Cash
-10.3%
Cap Rate
2.4%
5Y IRR
7.5%
10Y IRR
8.3%
Property Type-Condo Apartment
MLS® Number-X13772658
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 11, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$5,545.36 (2026)
Maintenance-$617.17/mo
Locker-Owned
Parking-1 - None
Basement-None
Heating-Forced Air (Electric)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Possession-30-59 days
Neighbourhood-878 - Sugarloaf
Title-Residential Condo & Other

No agent assigned

You found "THE PEARL", a gorgeous two-bedroom condo in Port Colborne located beside the Welland Canal. This condo features high-quality upgrades and a modern open-concept design. The suite offers over 1,100 sq. ft. of bright living space, complete with quartz countertops, premium upgraded cabinetry, designer backsplash, and heated bathroom foors. Accessibility is a standout feature, with a wheelchair-friendly design with oversized doorways (one of only a few units in the building to offer this). Additional highlights include a private storage unit on thelower level, EV charging at designated parking space, a pet-friendly community, an on-site café/restaurant, and a private gym. Experience theperfect blend of elegance, comfort, and convenience at The Pearl, where every detail is designed to impress.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,695/mo
Mortgage $2,416
Monthly Loss $3,060
Principal$636
Interest$1,780
Property Tax$462
Condo Fees$617
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.4%0
5-Year IRR
4.5%10
10-Year IRR
6.6%
Returns Index
6.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$28,596/yr
NOI
$10,385/yr
Net Cash Flow
-$1,551/mo
Cash Margin
-65.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
21.2/ 100

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

Comparables

Properties near 118 West Street 604

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.