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New8 hours ago

75 Yates Street

451 - Downtown, St. Catharines

$999,900

Detached|2-Storey
4 | 4 | 3
About this home

Rare opportunity to live, work and generate income from one exceptional property! Set on an impressive 85 x 263 ft lot, 75 Yates offers incredible flexibility for entrepreneurs, professionals, multi-generational families and investors. The home features a separate-entry business space complete with salon, office, bathroom and laundry, creating an ideal setup for a home-based business while keeping work and home life separate. A fully self-contained in-law apartment with its own entrance and laundry provides additional living space or income potential. The main home offers beautiful character, spacious living areas, custom kitchen, fireplaces and an expansive backyard oasis with in-ground heated pool and ravine setting. Preliminary drawings have also been completed for a proposed 3-unit townhouse development on the property, offering exciting potential for future development. A truly unique property with possibilities that are rarely found in this location!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$7,719
Lot Size85 ft x 263.05 ft
mls© NumberX13844690
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%
$5,118
Property tax
$643
Heat allowance
$150
Housing costs
$5,911 / mo

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

Down payment20% · $199,980
25-yr amortization

Income needed

$182,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$199,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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