48 Nello Street, St. Catharines

Price: $474,900

6 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: X13134050

Welcome to 48 Nello Street, a sought after all brick bungalow semi. This versatile home features a separate side entrance and an ideal layout with 3 bedrooms on the main floor plus 3 additional bedrooms downstairs. The property is currently occupied with shared living arrangements already in place, offering flexibility for home owners and investors alike. The sun-filled main level is highlighted by a large bay window, newly refinished hardwood flooring, updated baseboards and 3 excellent sized bedrooms. Recent improvements include many brand-new windows, a new front storm door, updated front porch, and major exterior updates already completed, including the roof (2023) and fascia, eaves, and soffits (2020). Located on a family-friendly street, and within walking distance to nearly every possible amenity, this home combines space, functionality, and value in one unique package.

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$474,900 - 48 Nello Street, St. Catharines

Semi-Detached for Sale in St. Catharines

6Beds
3Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
X13134050
Property Type
Semi-Detached
Status
active
Days on Site
29
Bedrooms
6
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
St. Catharines
Listing Brokerage
BOLDT REALTY INC., BROKERAGE
Description

Welcome to 48 Nello Street, a sought after all brick bungalow semi. This versatile home features a separate side entrance and an ideal layout with 3 bedrooms on the main floor plus 3 additional bedrooms downstairs. The property is currently occupied with shared living arrangements already in place, offering flexibility for home owners and investors alike. The sun-filled main level is highlighted by a large bay window, newly refinished hardwood flooring, updated baseboards and 3 excellent sized bedrooms. Recent improvements include many brand-new windows, a new front storm door, updated front porch, and major exterior updates already completed, including the roof (2023) and fascia, eaves, and soffits (2020). Located on a family-friendly street, and within walking distance to nearly every possible amenity, this home combines space, functionality, and value in one unique package.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,436.48/mo

Includes CMHC insurance ($13,250)

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5-yr fixed avg.

Principal: $427,410Interest: $290,285
Mortgage Amount$440,660
Total Interest$290,285
Est. Property Tax$336/mo
Total Cost$730,945

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

48 Nello Street, St. Catharines

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
9.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$336
Insurance (est.)-$99
Net Cash Flow+$3,565

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 $678/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 29 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.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in St. Catharines.

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.

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    48 Nello Street, St. Catharines — $474,900 | Battaglia Team