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451 - Downtown, St. Catharines
$1,050,000
A unique opportunity to own a distinctive century home built by Newman Construction,showcasing timeless craftsmanship, original architectural details, and exceptional versatility.Currently configured into three separate living areas, each complete with its own kitchen andbathroom, this property offers excellent potential for multigenerational living, extended familyaccommodations, or future investment opportunities, subject to municipal approvals.The main floor features beautiful original hardwood flooring, original light fixtures, a three-piece bathroom, kitchen, and a private covered deck. The second level offers two bedrooms, hardwood flooring, a three-piece bathroom featuring distinctive original tilework on the bathtub walls and ceiling, and a kitchen with travertine tile flooring and a one-year-old dishwasher. A door off the kitchen provides potential for a future elevated deck, subject to approvals. The attic level features hardwood flooring, two skylights providing natural light, convenient laundry facilities with washer and dryer, and a two-piece washroom. Additional highlights include a tri-level air conditioning system for the entire property ( 1 unit per floor) and a gas-heated two-car garage, ideal for parking, a workshop, hobby space, or additional storage. Rich in character and offering a flexible layout, this century home presents an exciting opportunity for homeowners, extended families, and investors alike.
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,374
- Property tax
- $539
- Heat allowance
- $150
- Housing costs
- $6,063 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$187,000
gross annual household income
- Payment at 4%
- $4,419 / mo
- Cash down
- $210,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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