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Listed 27 days ago

88 October Drive

437 - Lakeshore, St. Catharines

$8,500,000

Detached|Bungalow
4 | 6 | 22
About this home

88 October Drive; The Crown Jewel of Niagara. Welcome to 88 October Drive a once-in-a-lifetime opportunity to own what is truly one of the most iconic and exclusive waterfront estates in the Niagara Region. This is the only property in the entire area offering a nearly two-acre gated estate with its own private marina and sandy beach, a rare and extraordinary combination. With the ability to dock boats and Sea-Doos right in your backyard, and with private beach access directly on Lake Ontario, this is lakefront living at its absolute peak. Nestled on a quiet street in a prestigious lakeside community, 88 October Drive is the kind of property that simply cannot be replicated. It is fully serviced with city water, sewer, and natural gas a true rarity for waterfront estates of this scale. Every inch of this property has been curated to offer the finest blend of luxury, functionality, and timeless design.The current residence is a sprawling custom bungalow, designed for refined living and effortless entertaining. The home spans nearly 6000 square feet across two thoughtfully planned wings one dedicated to daily living and private bedroom quarters, the other focused on wellness, leisure, and entertainment. Anchoring the layout is a chefs kitchen and grand open-concept living and dining area, designed to take full advantage of the panoramic lake views.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age0-5
Size5000 + sq. ft.
Property Tax$18,920
Lot Size184.51 ft x 430 ft
mls© NumberX13744972
Listed ByREVEL Realty Inc., Brokerage

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$43,507
Property tax
$1,577
Heat allowance
$150
Housing costs
$45,234 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $1,700,000
25-yr amortization

Income needed

$1,392,000

gross annual household income

Payment at 4%
$35,769 / mo
Cash down
$1,700,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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