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Unit 5 at 405 Merritt

Sold

405 MERRITT Street 5, St. Catharines, ON L2P 1P5

MLS #X11985203

$320,000

Sold on April 14, 2025

April 14, 2025

Originally listed at $325,000 17 days on market

About This Property

Welcome to this stunning 1-bedroom, 1-bathroom apartment condo, perfectly situated in the heart of St. Catharines! Whether you're a first-time buyer or looking to downsize, this beautiful unit, converted in 2019, offers a seamless blend of style and convenience. The moment you step inside, you'll be greeted by soaring high ceilings and an open-concept layout that enhances the sense of space and light. The kitchen has been thoughtfully designed, providing an ideal setting for preparing meals or entertaining guests. The living area is bathed in natural light, creating a bright and airy ambiance that invites relaxation. The bedroom is generously sized and offers a peaceful retreat, while the modern bathroom completes this inviting space that includes in-suite laundry! Located just steps from shopping, dining, and essential amenities, and with easy access to public transit, this condo combines comfort with practicality. A perfect opportunity to enter the real estate market in style don't miss out!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($290/mo) and property tax ($2,144/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$591/sqft
456 - Oakdale
$376/sqft+57%
St. Catharines
$343/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 550 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

500-599 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeReserved/Assigned
LockerNo
Heating TypeForced Air
StyleOther
Ensuite LaundryYes
MLS Size500-599
Listed OnFeb 23, 2025
Maintenance Fees$290/month
Property Tax$2,144/year

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Rooms

NameSize (m)Size (ft)Features
Bedroom(Main)3.2 x 2.9510.5 x 9.7-
Bathroom(Main)3.25 x 1.5210.7 x 5.0-
Other(Main)5.38 x 4.1417.7 x 13.6-

Room Dimensions Available

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Unit 5 History

Complete transaction history for this unit

Terminated

Listed: Jan 26, 2025

$325,000

28 days on marketSale
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4 More Transactions Available

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Transaction History Available

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Price History

Original List Price

$325,000

Listed on Feb 23, 2025

Sold Price

$320,000

Sold on Apr 14, 2025

-$5,000

-1.5%

17 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building Name405 Merritt
Address405 Merritt Street, St. Catharines
Parking TypeReserved/Assigned

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About Unit 5 at 405 Merritt

Unit 5 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 500-599 square feet located at 405 Merritt, 405 Merritt Street, St. Catharines. This unit is currently sold (sold for $320K).

About 405 Merritt

405 Merritt is located at 405 Merritt Street, St. Catharines. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

456 - Oakdale Neighbourhood

This unit is located in 456 - Oakdale, part of St. Catharines in the Niagara area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at 405 Merritt, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 5 405 Merritt St. Catharines

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