49 Grove Avenue, St. Catharines

$549,900
49 Grove Avenue

$549,900

New
8d
DetachedBacksplit 4

49 Grove Avenue, St. Catharines

Total Monthly Obligation $2,915

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
8d
Score
24
Yield
6.3%
Cash on Cash
2.6%
Cap Rate
5.2%
5Y IRR
17.7%
10Y IRR
16.3%
Property Type-Detached
MLS® Number-X14082756
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 100 ft
Listed on site-Oct 15, 2026
Style-Backsplit 4
Building Type-Detached
Age-51-99
Taxes-$3,868 (2025)
Parking-4 - None
Basement-Full, Finished, Walk-Up
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-North
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-455 - Secord Woods
Title-Residential Freehold

No agent assigned

Beautifully updated 4-level backsplit in a prime St. Catharines location, Secord Woods. Freshly renovated throughout, this move-in ready home features all new flooring, fresh paint, an updated kitchen, and beautifully renovated bathrooms. The open-concept main floor is designed for both everyday living and entertaining, offering a spacious living and dining area that flows seamlessly into the large kitchen, complete with a massive island and abundant cabinetry. With 3 bedrooms, 2 full bathrooms, and multiple finished living areas, this home offers incredible flexibility for growing families, first-time buyers, multi-generational living, or investors. The third level features a spacious rec room and laundry area, while the finished fourth level provides additional space for a media room, games room, home gym, office, or potential fourth bedroom. Fully finished from top to bottom, there is plenty of room for the entire family to spread out and enjoy. Outside, enjoy a private backyard retreat with a large patio and oversized storage shed. Located close to all major amenities and just minutes from the Pen Centre, Brock University, schools, shopping, restaurants, and convenient highway access.

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

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$2,915/mo
Mortgage $2,218
Monthly Loss $2,332
Principal$584
Interest$1,634
Property Tax$322
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.2%4
5-Year IRR
13.2%59
10-Year IRR
13.1%
Returns Index
30.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$34,728/yr
NOI
$22,887/yr
Net Cash Flow
-$311/mo
Cash Margin
-10.7%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8617
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
30.3/ 100

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

Comparables

Properties near 49 Grove Avenue

Time

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