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New3 days ago

56 Beech Street

451 - Downtown, St. Catharines

$389,000

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

It's small, it's cozy, it's a great little home in a great family neighborhood. This really is a wonderful little home, with great feel, great spaces and great neighbors. Main floor master bedroom, with two more on the upper level - watch your head going up the stairs. Kitchen is spacious enough with room to cook, have meals or sit at the table and plays cards, the feel generated by life and companionship is what makes this house a home. Am insulated back room offers ideal storage space, a space to remove grassy shoes after a morning in the garden, or just a space handy enough for all sorts of things. Basement is a dry, unfinished open space with plenty of space. Beautiful gardens and great neighbors are something you'll enjoy, evening walks, the sound of ball games throughout the summer or a walk to the rink for some ice skating in the winter - what a great neighborhood.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age100+
Size700-1100 sq. ft.
Property Tax$3,126
Lot Size47 ft x 100 ft
mls© NumberX14112304
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%
$1,991
Property tax
$261
Heat allowance
$150
Housing costs
$2,402 / mo

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

Down payment20% · $77,800
25-yr amortization

Income needed

$74,000

gross annual household income

Payment at 4%
$1,637 / mo
Cash down
$77,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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