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Listed 22 days ago

60 Valley Road

462 - Rykert/Vansickle, St. Catharines

$589,000

Detached|Bungalow
2 | 2 | 5
About this home

Rare 0.296-acre premium city lot in a highly desirable, mature neighbourhood! Opportunities like this are truly few and far between. This massive property features impressive dimensions (98.63 ft x 132.70 ft x 102.92 ft x 123.75 ft), offering endless potential for expansion, landscaping, or future development. There is a double driveway with a single attached garage. The sprawling, fully fenced backyard comes complete with a convenient storage shed fully equipped with electrical power .Inside, the home is packed with functionality. The main level offers a bright living room, an efficient kitchen, two comfortable bedrooms, and a 4-piece bathroom. The potential continues in the partially finished lower level, which boasts a second bathroom, a dedicated laundry room, and a practical mudroom featuring a convenient walk-up straight into the garage-ideal for secondary access. Don't miss this incredible chance to invest in premium city land!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,274
Lot Size98.63 ft x 132.7 ft
mls© NumberX13757442
Listed ByROYAL LEPAGE NRC REALTY

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%
$3,015
Property tax
$356
Heat allowance
$150
Housing costs
$3,521 / mo

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

Down payment20% · $117,800
25-yr amortization

Income needed

$108,000

gross annual household income

Payment at 4%
$2,479 / mo
Cash down
$117,800

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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