551 Scott Street, St. Catharines

$639,900
551 Scott Street

$639,900

New
18d
DetachedBungalow-Raised

551 Scott Street, St. Catharines

Total Monthly Obligation $3,357

Beds
4
Baths
2
Park
3
Sqft
1100-1500
DOM
18d
Score
21
Yield
5.6%
Cash on Cash
-0.8%
Cap Rate
4.4%
5Y IRR
15.0%
10Y IRR
14.1%
Property Type-Detached
MLS® Number-X13863430
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40.03 × 104.99 ft
Listed on site-Oct 5, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-16-30
Taxes-$4,804 (2025)
Parking-3 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-441 - Bunting/Linwell
Title-Residential Freehold

No agent assigned

First impressions are everything, and this beautifully maintained raised bungalow delivers with its large foyer featuring convenient access to the backyard and deck. The bright, open-concept main floor seamlessly connects the living, dining, and kitchen areas, creating the perfect space for everyday living and entertaining, complete with a cozy gas fireplace. The custom kitchen is sure to impress with granite countertops, elegant ceramic tile flooring, and stainless steel appliances. Three generously sized bedrooms and a spa-inspired main bathroom featuring a relaxing jacuzzi tub, separate shower, and large vanity provide comfort and style for the whole family. Beautiful flooring throughout the home adds warmth and sophistication. The finished lower level has high ceilings and dry! It offers exceptional flexibility with an oversized fourth bedroom featuring large windows, gas fireplace, and an updated bathroom. This layout is ideal for guests, extended family, or potential in-law accommodation. A dedicated laundry room and ample storage complete the lower level. The backyard is fully fenced and has 2 sheds, perfect for kids and pets alike. Located within walking distance of the scenic Welland Canal Parkway Trail and close to shopping, schools, parks, QEW and all essential amenities. This move-in-ready home offers the perfect blend of comfort, functionality, and convenience.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$511,920
Land Transfer Taxes$9,273
Legal Fees (Est.)
$
Total cash required for closing$138,753

Total Monthly Obligation

$3,357/mo
Mortgage $2,581
Monthly Loss $2,677
Principal$679
Interest$1,902
Property Tax$400
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-6.0%2
5-Year IRR
11.0%42
10-Year IRR
11.4%
Returns Index
22.2/ 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
$35,652/yr
NOI
$22,783/yr
Net Cash Flow
-$683/mo
Cash Margin
-23.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
25.5/ 100

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

Comparables

Properties near 551 Scott Street

Time

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