215 GLENRIDGE Avenue 1005, St. Catharines

$299,000
215 GLENRIDGE Avenue 1005

$299,000

New
4d
Condo ApartmentOther

215 GLENRIDGE Avenue 1005, St. Catharines

Total Monthly Obligation $2,211

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
4d
Score
20
Yield
7.7%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Condo Apartment
MLS® Number-X14104998
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 19, 2026
Style-Other
Building Type-Condo Apartment
Age-31-50
Taxes-$1,750 (2025)
Maintenance-$658.86/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Other (Gas)
Brokerage-QUANTUM TEAM REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Front, Stucco (Plaster)
Roof-Flat
Possession-Immediate
Neighbourhood-461 - Glendale/Glenridge
Title-Residential Condo & Other

No agent assigned

Bright, well-maintained 1-bedroom condo with an open-concept layout and plenty of natural light. Building amenities include an inground pool. Located on a direct bus route to Brock University and Downtown St. Catharines, with restaurants within walking distance and Pen Centre close by. A low-maintenance option for first-time buyers, downsizers and investors.

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

Closing Costs

Mortgage Amount
$239,200
Land Transfer Taxes$2,960
Legal Fees (Est.)
$
Total cash required for closing$64,260

Total Monthly Obligation

$2,211/mo
Mortgage $1,206
Monthly Loss $1,893
Principal$317
Interest$889
Property Tax$146
Condo Fees$659
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.8%28
10-Year IRR
10.0%
Returns Index
14.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$22,896/yr
NOI
$8,550/yr
Net Cash Flow
-$494/mo
Cash Margin
-25.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
33.1/ 100

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

Comparables

Properties near 215 GLENRIDGE Avenue 1005

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.