81 SCOTT Street Unit 501, St. Catharines

Price: $369,900

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X13162712

Enjoy easy, affordable living in this Luxurious and spacious 1-bedroom condo with east exposure and beautiful city views. The open-concept living and dining area is filled with natural light from large windows, creating a warm and inviting space to relax or entertain. Features include in-suite laundry, central air, underground parking, in-suite storage, additional storage locker, Furnace replaced in October 2023. Located in one of St. Catharine's' well-maintained and predominantly owner-occupied condo communities, this building stands out for its pride of ownership, quiet atmosphere, and welcoming environment. Residents take pride in their community, making this an exceptional opportunity at this price point. Set on approximately 3.3 acres of beautifully maintained grounds, offering outstanding amenities including a heated saltwater pool, BBQ areas, peaceful waterfall seating, car wash bay, guest suite, party room, billiards room, fitness room, bicycle storage, and ample visitor parking. Ideally located within walking distance to shopping, restaurants, transit, and Fairview Mall, with quick QEW access for commuters. Includes fridge, stove, dishwasher, washer, and dryer. Condo fees: $639.48/month include Epico high-speed internet for added value and convenience. The unit is vacant and easy to show, with flexible closing available. Move in immediately or choose a longer closing to suit your needs. Please note: no dogs and no smoking permitted in the building.

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$369,900 - 81 SCOTT Street Unit 501, St. Catharines

Condo for Sale in St. Catharines

1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
X13162712
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
St. Catharines
Locker
Exclusive
Exposure
North
Balcony
None
Listing Brokerage
RE/MAX NIAGARA REALTY LTD, BROKERAGE
Description

Enjoy easy, affordable living in this Luxurious and spacious 1-bedroom condo with east exposure and beautiful city views. The open-concept living and dining area is filled with natural light from large windows, creating a warm and inviting space to relax or entertain. Features include in-suite laundry, central air, underground parking, in-suite storage, additional storage locker, Furnace replaced in October 2023. Located in one of St. Catharine's' well-maintained and predominantly owner-occupied condo communities, this building stands out for its pride of ownership, quiet atmosphere, and welcoming environment. Residents take pride in their community, making this an exceptional opportunity at this price point. Set on approximately 3.3 acres of beautifully maintained grounds, offering outstanding amenities including a heated saltwater pool, BBQ areas, peaceful waterfall seating, car wash bay, guest suite, party room, billiards room, fitness room, bicycle storage, and ample visitor parking. Ideally located within walking distance to shopping, restaurants, transit, and Fairview Mall, with quick QEW access for commuters. Includes fridge, stove, dishwasher, washer, and dryer. Condo fees: $639.48/month include Epico high-speed internet for added value and convenience. The unit is vacant and easy to show, with flexible closing available. Move in immediately or choose a longer closing to suit your needs. Please note: no dogs and no smoking permitted in the building.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,897.78/mo

Includes CMHC insurance ($10,320)

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5-yr fixed avg.

Principal: $332,910Interest: $226,103
Mortgage Amount$343,230
Total Interest$226,103
Est. Property Tax$262/mo
Total Cost$569,334

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

81 SCOTT Street Unit 501, 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)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$262
Insurance (est.)-$77
Net Cash Flow+$1,006

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 $528/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 21 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 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.

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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