13 Timber Lane, St. Catharines

$879,000
13 Timber Lane

$879,000

New
18d
DetachedBacksplit 4

13 Timber Lane, St. Catharines

Total Monthly Obligation $4,547

Beds
4
Baths
2
Park
6
Sqft
1500-2000
DOM
18d
Score
17
Yield
4.4%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Detached
MLS® Number-X13863210
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-50 × 138.24 ft
Listed on site-Oct 5, 2026
Style-Backsplit 4
Building Type-Detached
Age-16-30
Taxes-$7,516.13 (2026)
Parking-8 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX HENDRIKS TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-443 - Lakeport
Title-Residential Freehold

No agent assigned

Seldom does a home come to market where you can walk through the front door and truly have nothing left to do. Meticulously maintained and thoughtfully updated by it's current owners. This home offers over 1,550 sq. ft. of above-grade living space in a highly desirable pocket of St. Catharines. The spacious foyer opens to a bright functional layout with beautiful engineered hardwood flooring installed in 2026 throughout the main and upper levels. The formal living room overlooks the front yard and leads into the main dining space and recently renovated kitchen featuring floor-to-ceiling cabinetry, new stainless steel appliances, tiled backsplash, pot lighting and plenty of storage. The four-level backsplit design creates an open connection between the main floor and first lower level while still providing separation between living spaces. Upstairs are three generous bedrooms, including a primary with double-door entry and ensuite privilege to the beautifully renovated five-piece bathroom. The first lower level is bright and inviting with oversized ceiling height, large windows, a spacious fourth bedroom and three-piece bathroom. The lowest level is partially finished with a bonus room, laundry and abundant storage. A major recent upgrade includes all new above-grade windows paired with custom double-hung window coverings throughout. Additional updates include a new French door refrigerator, convection/induction range, dishwasher, over-the-range microwave, freshly painted interior, landscaping and much more. Garage doors and openers are less than five years old and the pool liner is approximately three years old. Outside offers a side patio, grass area, natural gas BBQ hookup and large backyard with a sunken above-ground pool surrounded by composite decking, garden shed and plenty of lawn space. This is the type of home you walk into and immediately say, "This is the one."

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$703,200
Land Transfer Taxes$14,055
Legal Fees (Est.)
$
Total cash required for closing$191,355

Total Monthly Obligation

$4,547/mo
Mortgage $3,546
Monthly Loss $3,614
Principal$933
Interest$2,613
Property Tax$626
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.3%20
10-Year IRR
8.6%
Returns Index
11.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$38,472/yr
NOI
$22,609/yr
Net Cash Flow
-$1,662/mo
Cash Margin
-51.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.9/ 100

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

Comparables

Properties near 13 Timber Lane

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