259 SCOTT Street Unit 7, St. Catharines

Price: $499,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X12771812

Well maintained Bungalow condo with a garage nestled into one of St. Catharines most desirable and convenient locations. Custom floor plan designed with one extra large bedroom with ensuite privilege and walk in closet. Warm oak hardwood flooring in Living room and Dining room complete with cozy gas fireplace and overlooking a private rear deck. Two extra bedrooms, rec room, laundry room, workshop and 3pc bath complete the fully finished basement. A great well-situated opportunity just for you!

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$499,900 - 259 SCOTT Street Unit 7, St. Catharines

Condo for Sale in St. Catharines

114 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X12771812
Property Type
Condo
Status
active
Days on Site
114
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
St. Catharines
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
RE/MAX GARDEN CITY REALTY INC, BROKERAGE
Description

Well maintained Bungalow condo with a garage nestled into one of St. Catharines most desirable and convenient locations. Custom floor plan designed with one extra large bedroom with ensuite privilege and walk in closet. Warm oak hardwood flooring in Living room and Dining room complete with cozy gas fireplace and overlooking a private rear deck. Two extra bedrooms, rec room, laundry room, workshop and 3pc bath complete the fully finished basement. A great well-situated opportunity just for you!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5%10%50%

5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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.

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Neighbourhood Guide: St. Catharines

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

259 SCOTT Street Unit 7, St. Catharines

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,652

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $500/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.

Negotiation Opportunity

At 114 days on site, this property has exceeded the typical selling timeline for St. Catharines. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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    259 SCOTT Street Unit 7, St. Catharines | $499,900 | Battaglia Team