50 Herrick Avenue Unit LP45, St. Catharines

Price: $359,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: X12991778

Welcome to Lower Penthouse Unit LP-45 at 50 Herrick Avenue, St. Catharines a home thats bright, modern, and designed to make life easy and enjoyable.This bright and spacious 1-bedroom, 1-bath condo offers nearly 700 sq. ft. of thoughtfully designed living space, featuring soaring approximately 10 ft ceiling that adds openness and elegance. The huge bedroom provides a cozy retreat, while the modern kitchen is perfect for both everyday living and entertaining. Enjoy access to an incredible list of building amenities including a state-of-the-art gym, games room with snooker and poker tables, and even your very own pickleball court offering something for everyone. This unit also comes with 1 underground parking space, keeping your vehicle safe, secure, and protected from the elements all year round. The location is unbeatable just minutes from Brock University, Niagara College campus, St. Catharines GO Station, downtown cafes, restaurants, and plazas. Plus, you're only a short 15-minute drive to Niagara Falls, making this an ideal spot for students, professionals, or anyone seeking modern living in a vibrant community. Don't miss the chance to call this stylish Lower Penthouse your home!

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$359,000 - 50 Herrick Avenue Unit LP45, St. Catharines

Condo for Sale in St. Catharines

67 days on market
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
X12991778
Property Type
Condo
Status
active
Days on Site
67
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
St. Catharines
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Description

Welcome to Lower Penthouse Unit LP-45 at 50 Herrick Avenue, St. Catharines a home thats bright, modern, and designed to make life easy and enjoyable.This bright and spacious 1-bedroom, 1-bath condo offers nearly 700 sq. ft. of thoughtfully designed living space, featuring soaring approximately 10 ft ceiling that adds openness and elegance. The huge bedroom provides a cozy retreat, while the modern kitchen is perfect for both everyday living and entertaining. Enjoy access to an incredible list of building amenities including a state-of-the-art gym, games room with snooker and poker tables, and even your very own pickleball court offering something for everyone. This unit also comes with 1 underground parking space, keeping your vehicle safe, secure, and protected from the elements all year round. The location is unbeatable just minutes from Brock University, Niagara College campus, St. Catharines GO Station, downtown cafes, restaurants, and plazas. Plus, you're only a short 15-minute drive to Niagara Falls, making this an ideal spot for students, professionals, or anyone seeking modern living in a vibrant community. Don't miss the chance to call this stylish Lower Penthouse your home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,841.86/mo

Includes CMHC insurance ($10,016)

$
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5%10%50%

5-yr fixed avg.

Principal: $323,100Interest: $219,441
Mortgage Amount$333,116
Total Interest$219,441
Est. Property Tax$254/mo
Total Cost$552,557

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 Avenue Unit LP45, St. Catharines

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$254
Insurance (est.)-$75
Net Cash Flow+$1,081

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 $598/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 67 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.

Efficient Living

At 600 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 Avenue Unit LP45 | $359,000 | Battaglia Team