2 Glengrove Circle, St. Catharines

$499,900
2 Glengrove Circle

$499,900

New
23d
DetachedBungalow

2 Glengrove Circle, St. Catharines

Total Monthly Obligation $2,769

Beds
3
Baths
2
Park
6
Sqft
700-1100
DOM
23d
Score
21
Yield
5.9%
Cash on Cash
-0.5%
Cap Rate
4.5%
5Y IRR
15.2%
10Y IRR
14.3%
Property Type-Detached
MLS® Number-X13843370
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-78 × 111.83 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,531 (2026)
Parking-1 - Detached
Basement-Finished, Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-461 - Glendale/Glenridge
Title-Residential Freehold

No agent assigned

Welcome to 2 Glengrove Circle, a solid brick bungalow offering an excellent opportunity in a convenient St. Catharines location. Situated on a corner lot in an established neighbourhood, this well-kept home features 3 bedrooms, 2 bathrooms, a detached single-car garage and a full basement with a spacious rec room, providing plenty of room for additional living space. The main floor offers a functional layout with a bright living room, separate dining area, original hardwood flooring and three comfortable bedrooms. While the home is ready for its next chapter and offers plenty of opportunity to update and modernize, the layout, location and solid construction provide an excellent starting point for first-time buyers, families or renovators looking to add value. Location is a major highlight, with the Pen Centre approximately 700 metres away, Sir Winston Churchill Secondary School just 600 metres away, Denis Morris Catholic High School approximately 1 km away and Brock University only 3.5 km from the property. Shopping, restaurants, schools, public transit and Hwy 406 are all within easy reach. If you've been looking for a well-located bungalow where you can renovate to your own taste instead of paying a premium for someone else's finishes, 2 Glengrove Circle deserves a look.

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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,769/mo
Mortgage $2,016
Monthly Loss $2,238
Principal$531
Interest$1,486
Property Tax$378
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.7%40
10-Year IRR
11.2%
Returns Index
21.2/ 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
$29,316/yr
NOI
$17,353/yr
Net Cash Flow
-$570/mo
Cash Margin
-23.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
29.3/ 100

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

Comparables

Properties near 2 Glengrove Circle

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.