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451 - Downtown, St. Catharines
$389,000
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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Listing History
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.
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 checkInvestment Analysis
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