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New5 hours ago

44 Rykert Street

458 - Western Hill, St. Catharines

$299,900

Detached|Bungalow-Raised
1 | 1 | 2
About this home

Attention Investors and or First Time Buyers,! Welcome To 44 Rykert Street in St. Catharines. This property offers R2 Zoning and with a Large Fenced Rear Yard sitting on a Large Corner Lot it offers tons of possibilities of either a Detached Accessory Unit (ADU) being built in the rear yard or there is a possibility of potentially severing the property which could allow 2 separate detached buildings with potentially 2 ADU units in each building . You can also just add on to the existing building and have potentially 4 units on the property. This Priced to Sell Current One Bedroom, One Floor Living is Clean and Move-In Ready and it offers a Professionally Waterproofed Full Basement With a Separate Entrance which can also be finished off into a separate interior basement ADU. This Property is Better Than A Condo as you have your own private backyard and it is priced to Sell and it is priced cheaper than most Condos.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$2,538
Lot Size53 ft x 90.5 ft
mls© NumberX13864994
Listed ByCOLDWELL BANKER MOMENTUM REALTY, BROKERAGE

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,535
Property tax
$212
Heat allowance
$150
Housing costs
$1,897 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $59,980
25-yr amortization

Income needed

$58,000

gross annual household income

Payment at 4%
$1,262 / mo
Cash down
$59,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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