375 Almond Lane, St. Catharines

Price: $499,900

3 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Multi-Family

MLS#: X12430652

This unique property offers 3 separate 1-bedroom units, with their own private entrance, kitchen, living area, bedroom and three-piece bath. With a thoughtful layout, it's easy to accommodate multiple situations - live in one unit and lease out the other two, lease all three units for solid rental income, or use the space to comfortably support a multigenerational family. Ample on-site parking. Conveniently located within walking distance to major shopping centres, cinema, restaurants, schools, and bus routes with easy access to the highway and the Welland Canal. Whether you're looking to invest, downsize with income potential, or find a flexible family living solution, this property is a rare find. Dont miss out!

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$499,900 - 375 Almond Lane, St. Catharines

Multi-Family for Sale in St. Catharines

108 days on market
3Beds
3Baths
700 - 1,099Sq Ft
Multi-Family
Property Details
MLS Number
X12430652
Property Type
Multi-Family
Status
active
Days on Site
108
Bedrooms
3
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
St. Catharines
Lot Size
3,168 sqft
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Description

This unique property offers 3 separate 1-bedroom units, with their own private entrance, kitchen, living area, bedroom and three-piece bath. With a thoughtful layout, it's easy to accommodate multiple situations - live in one unit and lease out the other two, lease all three units for solid rental income, or use the space to comfortably support a multigenerational family. Ample on-site parking. Conveniently located within walking distance to major shopping centres, cinema, restaurants, schools, and bus routes with easy access to the highway and the Welland Canal. Whether you're looking to invest, downsize with income potential, or find a flexible family living solution, this property is a rare find. Dont miss out!

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

375 Almond Lane, 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)
5.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$2,342

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 $714/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 108 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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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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    375 Almond Lane, St. Catharines | $499,900 | Battaglia Team