18 October Drive, St. Catharines

$759,900
18 October Drive

$759,900

New
5d
DetachedBacksplit 4

18 October Drive, St. Catharines

Total Monthly Obligation $3,899

Beds
4
Baths
2
Park
3
Sqft
1500-2000
DOM
5d
Score
18
Yield
4.8%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-X14091842
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-60 × 100 ft
Listed on site-Oct 18, 2026
Style-Backsplit 4
Building Type-Detached
Age-31-50
Taxes-$5,508.14 (2026)
Parking-4 - Attached
Basement-Finished, Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas, Fireplace Insert
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-437 - Lakeshore
Title-Residential Freehold

No agent assigned

Just steps from the Waterfront Trail and Lake Ontario, this North End backsplit home offers a 3+1 bedroom, 2 bathroom layout on a 60' x 100' corner lot with an attached garage and a four-season sunroom overlooking the backyard. The main level includes an eat-in kitchen with appliances and a generous living room opening directly into the sunroom, where newer windows (2023) and sliding doors extend the living space out to the patio and yard. Three good-sized bedrooms and a refreshed 4-piece bathroom are grouped together on the bedroom level. Downstairs, the finished lower area adds a family room with gas fireplace, fourth bedroom and an updated bathroom (2023), an excellent setup for overnight guests, older children, a home office or additional everyday living space. A separate laundry/utility level provides plenty of shelving and storage. Outside, enjoy room for gardening, a newer shed, patio and natural gas BBQ line. Recent improvements include: shingles and attic insulation (2023), new garage door (2026). Close to good schools, parks, shopping and Port Dalhousie with Niagara-on-the-Lake just a short drive away, this is an excellent opportunity to own a family home in one of St. Catharines most sought-after neighbourhoods with easy access to everything the Niagara Region has to offer. Make your move today!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$607,920
Land Transfer Taxes$11,673
Legal Fees (Est.)
$
Total cash required for closing$165,153

Total Monthly Obligation

$3,899/mo
Mortgage $3,065
Monthly Loss $3,093
Principal$807
Interest$2,259
Property Tax$459
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.8%27
10-Year IRR
9.6%
Returns Index
14.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$36,120/yr
NOI
$22,500/yr
Net Cash Flow
-$1,190/mo
Cash Margin
-39.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.7/ 100

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

Comparables

Properties near 18 October Drive

Time

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