50 Herrick Ave Avenue Unit 216, St. Catharines

Price: $449,900

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: X13139826

The Montebello, conveniently located in the heart of St. Catharines. Located minutes from Brock University. This spacious and bright corner unit offers 2 bedrooms, 2 bathrooms, large windows which offer natural light, with an open concept floor plan. 2 private balconies are the perfect size for entertaining and relaxing , In- suite laundry, ample storage space ,concierge in lobby, intel smart technology throughout the building, and one underground parking space and plenty of guest parking.The amenities in this building offer a large state of the art gym, party room, game room overlooking the golf course, and pickle ball court. Stay active and enjoy all that downtown has to offer with the condo only a short walk away, experience the many restaurants and shops that St. Catherines has to offer.

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$449,900 - 50 Herrick Ave Avenue Unit 216, St. Catharines

Condo for Sale in St. Catharines

33 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
X13139826
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
St. Catharines
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
CENTURY 21 SKYLARK REAL ESTATE LTD.
Description

The Montebello, conveniently located in the heart of St. Catharines. Located minutes from Brock University. This spacious and bright corner unit offers 2 bedrooms, 2 bathrooms, large windows which offer natural light, with an open concept floor plan. 2 private balconies are the perfect size for entertaining and relaxing , In- suite laundry, ample storage space ,concierge in lobby, intel smart technology throughout the building, and one underground parking space and plenty of guest parking.The amenities in this building offer a large state of the art gym, party room, game room overlooking the golf course, and pickle ball court. Stay active and enjoy all that downtown has to offer with the condo only a short walk away, experience the many restaurants and shops that St. Catherines has to offer.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,308.22/mo

Includes CMHC insurance ($12,552)

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5-yr fixed avg.

Principal: $404,910Interest: $275,004
Mortgage Amount$417,462
Total Interest$275,004
Est. Property Tax$319/mo
Total Cost$692,466

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

50 Herrick Ave Avenue Unit 216, St. Catharines

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$319
Insurance (est.)-$94
Net Cash Flow+$1,282

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.

Market Position

At 33 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.

Efficient Living

At 900 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.

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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    50 Herrick Ave Avenue Unit 216 | $449,900 | Battaglia Team