$399,888 - 242 Lakeport Road Unit 28, St. Catharines
Condo for Sale in St. Catharines
44 days on market- MLS Number
- X13086960
- Property Type
- Condo
- Status
- active
- Days on Site
- 44
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- St. Catharines
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- HOMELIFE SILVERCITY REALTY INC.
Welcome to this charming townhome conveniently located in Century Village. Featuring 3 well sized bedrooms and 2 bathrooms. The main floor offers a beautifully updated walkthrough kitchen with extra cabinets, adjacent open dining area, a well proportioned living room with patio door access to your private rear patio. The upper floor includes 3 good sized bedrooms and a fully renovated bathroom with walk-in shower. Parking is conveniently located right in front of this unit. Hot water rental is owned. Great Opportunity For Both Investors And First Time Buyers - The Finished Basement is a significant plus, offering potential for additional income to offset your mortgage payments whether you're looking to live on the main floor rented for $1700 and basement rented for $1000 and add both units to your investment portfolio, this home offers flexibility and financial growth. The affordable $360.00 condominium fees include water, cable, common area maintenance and condominium insurance. Century Village is located in a desirable North end a short distance to Port Dalhousie's Lakeside Park beach, Waterfront walking trail, Port Weller's Sunset beach, the Welland Canal trail and many other great amenities like shopping and easy QEW access.
Estimate your monthly payments for this property
Estimated Payment
$2,051.63/mo
Includes CMHC insurance ($11,157)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover St. Catharines
St. Catharines is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in St. Catharines
- •Convenient location in St. Catharines
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
St. Catharines offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
242 Lakeport Road Unit 28, St. Catharines
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $400/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 44 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.