29 Lanark Crescent, St. Catharines

Price: $399,900

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13099424

Welcome to 29 Lanark Crescent, a 1970-built bungalow set on a quiet, tree-lined street in a well-established St. Catharines neighbourhood known for its strong sense of community. Ideally located close to shopping, parks, and everyday amenities, this is a location that continues to hold long-term appeal. Offering approximately 1,000 square feet of living space, this slab-on-grade home features a practical layout with three bedrooms, a four-piece bathroom, a large eat-in kitchen, and a bright, generously sized living room. Shingles were update in 2020. The home would benefit from updates and cosmetic improvements, presenting an excellent opportunity for buyers looking to get into the market, invest, or create a space tailored to their own style. Currently heated with electric heat (200 amp panel), there is potential for future upgrades such as a ductless split system to improve efficiency and comfort. Being offered with value in mind to attract strong interest, this is a great opportunity for first-time buyers, downsizers, or investors to secure a home in a solid neighbourhood with upside potential. Opportunities like this don't come along often in areas like this.

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$399,900 - 29 Lanark Crescent, St. Catharines

Detached for Sale in St. Catharines

43 days on market
3Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13099424
Property Type
Detached
Status
active
Days on Site
43
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
St. Catharines
Listing Brokerage
A.G. ROBINS & COMPANY LTD, BROKERAGE
Description

Welcome to 29 Lanark Crescent, a 1970-built bungalow set on a quiet, tree-lined street in a well-established St. Catharines neighbourhood known for its strong sense of community. Ideally located close to shopping, parks, and everyday amenities, this is a location that continues to hold long-term appeal. Offering approximately 1,000 square feet of living space, this slab-on-grade home features a practical layout with three bedrooms, a four-piece bathroom, a large eat-in kitchen, and a bright, generously sized living room. Shingles were update in 2020. The home would benefit from updates and cosmetic improvements, presenting an excellent opportunity for buyers looking to get into the market, invest, or create a space tailored to their own style. Currently heated with electric heat (200 amp panel), there is potential for future upgrades such as a ductless split system to improve efficiency and comfort. Being offered with value in mind to attract strong interest, this is a great opportunity for first-time buyers, downsizers, or investors to secure a home in a solid neighbourhood with upside potential. Opportunities like this don't come along often in areas like this.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

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5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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

29 Lanark Crescent, St. Catharines

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
7.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,434

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 $571/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 43 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.

Detached Home Advantages

Detached homes in St. Catharines are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    29 Lanark Crescent, St. Catharines | $399,900 | Battaglia Team