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$497,888

88 James - 84 James St - 2601 - St. Catharines, ON, L2R 5C1

MLS® # PB369-2601

1.5 Beds

1 Bath

530 sqft

Property Features:

  • Bedrooms: 1.5
  • Bathrooms: 1.0
  • Floor Space (approx): 530

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

82.1%

Cumulative Market Appreciation

$137,557

Net Operating Income in Year 5

$13,751

Cash on Cash Return in Year 5

-8.8%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$99,578
Mortgage Amount $398,310
Mortgage Payment
%
$2,066

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,542
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $627
Net Operating Income $914
Debt Service
Mortgage Payment $2,066
Net Cash Flow -$1,151

Acquistion Costs

Deposit $99,576
Land Transfer Tax $6,432
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $1
Total Acquisition Costs $122,509

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $19,894
Deposit @ 90 days $12,447
Deposit @ 150 days $12,447
Deposit @ 380 days $12,447
Deposit @ 500 days $12,447
Due on Occupancy $24,894
Total Deposit $99,576
Closing Date Jan 1, 2027

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $49,788$49,788 - - - - - - - -
Closing Costs - $22,933 - - - - - - - -
Mortgage Paydown - $505$6,221$6,520$6,834$7,162$7,506$7,867$8,245$8,641
Total $49,788$73,227$6,221$6,520$6,834$7,162$7,506$7,867$8,245$8,641
Cash Invested $49,788$123,015$129,236$135,757$142,591$149,753$157,260$165,127$173,373$182,015
Rental Cash Flows
Rent and other income - $1,542$18,573$19,372$20,205$21,074$21,980$22,925$23,911$24,939
Operating Expenses - -$627-$7,545-$7,736-$7,932-$8,134-$8,341-$8,555-$8,775-$9,002
Mortgage Payment - -$2,066-$24,799-$24,799-$24,799-$24,799-$24,799-$24,799-$24,799-$24,799
Net Cash Flow - -$1,151-$13,771-$13,163-$12,526-$11,859-$11,161-$10,429-$9,663-$8,862
Returns
Property Price Appreciation $24,894$26,139$27,446$28,818$30,259$31,772$33,360$35,028$36,780$38,619
Mortgage Paydown - $505$6,221$6,520$6,834$7,162$7,506$7,867$8,245$8,641
Net Cash Flow - -$1,151-$13,771-$13,163-$12,526-$11,859-$11,161-$10,429-$9,663-$8,862
Total Return $24,894$25,492$19,895$22,175$24,566$27,075$29,706$32,466$35,362$38,399
Cumulative Return $24,894$50,387$70,282$92,458$117,024$144,099$173,806$206,272$241,634$280,034
Investment Metrics
Cumulative ROI 50.0% 41.0% 54.4% 68.1% 82.1% 96.2% 110.5% 124.9% 139.4% 153.9%
Cash On Cash - -0.9% -10.7% -9.7% -8.8% -7.9% -7.1% -6.3% -5.6% -4.9%

Location of 2601-84 James St, St. Catharines, ON, L2R 5C1

Demographic Information of 2601-84 James St, St. Catharines, ON, L2R 5C1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$92,583.48

Average Number of Children

1.38

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.21 %

High school certificate or equivalent

32.51 %

Apprenticeship trade certificate/diploma

4.58 %

College/non-university certificate

19.58 %

University certificate (below bachelor)

1.84 %

University Degree

30.27 %

Commuter

Travel To Work

By Car

72.51 %

By Public Transit

8.5 %

By Walking

16.38 %

By Bicycle

0.91 %

By Other Methods

1.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

78.69 %

Houses

21.31 %

Own Vs. Rent