6 Bedroom
3 Bathroom
1240 sqft
2 Level
Central Air Conditioning
Forced Air
$499,900
Exceptional opportunity to own a fully tenanted, high-performing investment property in the heart of St. Catharines, just minutes from Brock University and conveniently located on a major public transit route. This well-maintained home features 6 spacious bedrooms, 3 full bathrooms, and 2 functional kitchens, offering excellent flexibility for student housing or multi-family rental use. Recent updates include a brand-new front porch and an expansive rear deck, enhancing both curb appeal and tenant lifestyle. Situated on a generous 40' x 130' lot, the property offers 6 dedicated parking spaces — a rare and valuable feature in this high-demand rental corridor. With strong existing rental income and consistent tenant demand, this is a truly turnkey opportunity for investors seeking reliable cash flow and long-term growth. urrently generating $3,600/month in rental income plus an additional $50 per parking space, this property offers immediate cash flow with upside potential. All tenants are on month-to-month leases and are willing to stay or you have the opportunity to re-lease at higher current market rates to further increase returns. An ideal hands-off investment or value-add opportunity in a high-demand rental area. Whether you’re expanding your portfolio or entering the rental market, this property checks all the boxes: location, income, and future potential. (id:35544)
Property Details
MLS® Number
|
40738649 |
Property Type
|
Single Family |
AmenitiesNearBy
|
Hospital, Public Transit |
Features
|
Conservation/green Belt, In-law Suite |
ParkingSpaceTotal
|
6 |
Building
BathroomTotal
|
3 |
BedroomsAboveGround
|
4 |
BedroomsBelowGround
|
2 |
BedroomsTotal
|
6 |
Appliances
|
Dryer, Refrigerator, Stove, Washer |
ArchitecturalStyle
|
2 Level |
BasementDevelopment
|
Finished |
BasementType
|
Full (finished) |
ConstructionStyleAttachment
|
Detached |
CoolingType
|
Central Air Conditioning |
ExteriorFinish
|
Vinyl Siding |
HeatingFuel
|
Natural Gas |
HeatingType
|
Forced Air |
StoriesTotal
|
2 |
SizeInterior
|
1240 Sqft |
Type
|
House |
UtilityWater
|
Municipal Water |
Land
AccessType
|
Highway Access |
Acreage
|
No |
LandAmenities
|
Hospital, Public Transit |
Sewer
|
Municipal Sewage System |
SizeDepth
|
130 Ft |
SizeFrontage
|
40 Ft |
SizeTotalText
|
Under 1/2 Acre |
ZoningDescription
|
R3 |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
4pc Bathroom |
|
|
Measurements not available |
Second Level |
Bedroom |
|
|
14'9'' x 3'3'' |
Second Level |
Bedroom |
|
|
14'9'' x 8'3'' |
Basement |
4pc Bathroom |
|
|
Measurements not available |
Basement |
Recreation Room |
|
|
16'2'' x 8'2'' |
Basement |
Bedroom |
|
|
10'0'' x 6'5'' |
Basement |
Bedroom |
|
|
11'8'' x 9'9'' |
Main Level |
3pc Bathroom |
|
|
Measurements not available |
Main Level |
Bedroom |
|
|
11'8'' x 7'8'' |
Main Level |
Bedroom |
|
|
13'7'' x 7'8'' |
Main Level |
Kitchen |
|
|
11'5'' x 9'7'' |
Main Level |
Dining Room |
|
|
15'0'' x 11'8'' |
Main Level |
Living Room |
|
|
15'0'' x 11'8'' |