15 The Cedars Street, St. Catharines

$899,000
15 The Cedars Street

$899,000

New
2d
DetachedBungalow-Raised

15 The Cedars Street, St. Catharines

Total Monthly Obligation $4,425

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
2d
Score
17
Yield
4.2%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-X14102652
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-60 × 110 ft
Listed on site-Oct 21, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$5,087 (2025)
Parking-5 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-BOLDT REALTY INC., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Inground
Facing-South
Exterior-Board & Batten
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-442 - Vine/Linwell
Title-Residential Freehold

No agent assigned

Welcome to 15 The Cedars, on a street that needs little introduction in St. Catharines' sought-after North End.Set on a large corner lot in the Walker's Creek neighbourhood, this raised bungalow underwent an extensive renovation in 2024. Thoughtful design, custom finishes and substantial upgrades behind the walls bring lasting comfort to its beautifully finished spaces.The open-concept living and dining area features a gas fireplace and an inviting layout for everyday living and entertaining. The custom kitchen by Oakridge Cabinetry is a natural gathering place, with quartz countertops, Bosch appliances and an impressive 4' x 8' island with extra built-in storage. Three bedrooms and an updated bathroom with heated floors complete the main level.Downstairs, a spacious recreation room with new epoxy flooring offers room to entertain, unwind or pursue your hobbies. A brand new bathroom with heated floors, separate laundry room, storage room and interior garage access add everyday convenience.Extensive updates include flooring, doors, hardware, insulation, plumbing and electrical, plus all-new ductwork, a new furnace, central air conditioning and whole-home HEPA air purification. Custom remote-operated blinds provide added comfort and privacy. Roof and siding were updated in 2019. Outside, mature cedars, colourful perennial gardens and a koi pond with waterfall create a private retreat for summers by the in-ground pool. A new pool liner and thermal cover were added in 2025.With Walker's Creek Park close by, trails connecting to Sunset Beach and nearby schools, this home offers more than a finished renovation. It's a welcoming place to settle in, entertain and enjoy everything this established North End neighbourhood has to offer.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,425/mo
Mortgage $3,626
Monthly Loss $3,471
Principal$954
Interest$2,672
Property Tax$424
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.9%23
10-Year IRR
8.9%
Returns Index
12.6/ 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
$38,040/yr
NOI
$24,649/yr
Net Cash Flow
-$1,572/mo
Cash Margin
-49.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.5/ 100

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

Comparables

Properties near 15 The Cedars Street

Time

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