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Investment signal

$649,900

118 JACOBSON Avenue

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for St. Catharines. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to this versatile opportunity located in the highly desirable south end of St. Catharines. This well-maintained property provides excellent flexibility for investors, families, or those seeking multi-generational living. The fully renovated basement features two oversized bedrooms, a separate entrance to a full kitchen, and a 3-piece bathroom—ideal for rental income or extended family. The main floor features three generously sized bedrooms and a four-piece bathroom. Additional highlights include an oversized fully fenced backyard, ample parking for 5+ vehicles in the driveway, and a carport with convenient inside access to both the main floor and basement. Perfectly situated just a 2-minute walk to the Pen Centre, with quick access to Highway 406 and Brock University, this turn-key home is an exceptional opportunity in a prime location. Don’t miss out! (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: 461 - Glendale/Glenridge
Common interest: Freehold
Living area: 1,100 square feet
Bedrooms: 3 above grade, 2 below grade
Parking: 6 total
Stories: 1
On market: Apr 20, 2026
Status changed: Apr 20, 2026
Annual tax: $4,416
Zoning: R1
Photos: 16
MLS#: 40822314
Area: ST._CATHARINES

Features and systems

Parking

Attached GarageCarport

Basement

FinishedFull

Appliances

WasherRefrigeratorWater meterStoveDryerWindow Coverings

Heating

Forced air

Cooling

Central air conditioning

Exterior

StuccoAluminum sidingVinyl siding

Negative cash flow ~$690/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.37%

Cap rate

3.59%

GRM

16.4

Break-even rent

$4,026

Financing

Down payment$129,980

Loan amount$519,920

Mortgage$2,634/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$298

Insurance$80

Maintenance$542

CapEx reserve$271

Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,634/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.