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Listed 19 days ago

240 Pelham Road

458 - Western Hill, St. Catharines

$499,000

Detached|1 1/2 Storey
3 | 2 | 4
About this home

Welcome to 240 Pelham Road, a fantastic opportunity in St. Catharines with plenty of potential to make this home your own! This detached property offers a wonderful combination of character, functionality, and space, making it an excellent choice for homeowners, hobbyists, or those looking to create something truly special. The heart of the home is the spacious entertainer's kitchen, offering plenty of room to cook, gather, and enjoy time with family and friends. The inviting living spaces provide a comfortable backdrop for everyday living, while the generous deck extends your entertaining outdoors - perfect for summer barbecues, morning coffee, or relaxing with guests. One of the standout features is the large, detached garage with hydro, offering exceptional versatility for the car enthusiast, workshop, hobbyist or additional storage,. With its size and power, this is a rare bonus that adds tremendous value and flexibility. Situated in a convenient St. Catharines location, this property presents an exciting opportunity for buyers with vision. Whether you're looking for a home to enjoy today or a property with room to improve and build equity over time, 240 Pelham Road offers great potential and endless possibilities. See what you can create!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,303
Lot Size85.7 ft x 106.6 ft
mls© NumberX13771600
Listed ByRE/MAX ESCARPMENT GOLFI REALTY INC.

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%
$2,554
Property tax
$275
Heat allowance
$150
Housing costs
$2,979 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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