$599,800
 $3,220 est/mo Sourced by Back At You

78 Grass Avenue , St. Catharines, ON L2R 1T1

St. Catharines, ON L2R 1T1

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Description

Discover the perfect investment opportunity with this fully renovated duplex in the heart of St. Catharines. Ideal for investors seeking passive income or those looking to live in 1 unit while renting out the other. This unique side-by-side duplex features 2 meticulously updated units (2020 by the previous owner). This layout feels like you have your own home at the front unit & a main floor living area in the back unit with the bedroom in the basement. Both units boast modern kitchens, carpet-free, luxury vinyl flooring, beautifully renovated bathrooms & in-suite laundry in both units. The extensive renovations include updated plumbing & electrical systems, ensuring peace of mind & low maintenance for years to come. Each unit has separate hydro meters providing convenience & efficiency for tenants. Furnace updated Jan 2024. Washer & dryer in back unit replaced 2024. The current owner has maintained everything on the property. Unit 1 is vacant & ready for occupancy or leasing, while the other unit is tenanted with a reliable renter who wishes to stay. Projected rent for Unit 1 is $2,500/mo & current rent for Unit 2 is $1,230/mo. This property offers a unique blend of immediate rental income & potential for future growth, making it a desirable investment in the 2024 market. Don’t miss out on this turnkey investment opportunity! Just steps to 12 Mile Creek, close to all amenities & bus routes. Vacant interior photos of Unit 2 from 2021.

Details

MLS#H4199373
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1941
Days On Site18
Listing Provided ByKeller Williams Complete Realty | Diane Price

Features

Bed(s)4
SQ Feet1,265
BasementY
Story(s)1
Units2
ZoningR2
Acreage0.10
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.

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Learn More About This Property

ProvinceON
RegionNiagara
CitySt. Catharines
Postal CodeL2R 1T1
Area451 Downtown
Community Name451 Downtown
School DistrictDistrict School Board of Niagara
Elementary SchoolDistrict School Board of Niagara
Middle SchoolDistrict School Board of Niagara
High SchoolDistrict School Board of Niagara
Listing VS Median (in 451 Downtown)
Price:
$599,800
low | high
Med:
$561,950
56.310436812271% of Average
SqFt:
1,265
low | high
Med:
1,300
47.233201581028% of Average
$ / SqFt:
$474
low | high
Med:
$447
55.675586306547% of Average
On Site:
18
low | high
Med:
26.000000
69.230769230769% of Average
Sourced by Back At You
Listing Updated: July 10, 2024 at 6:34:00 PM PDT