5 Bedroom
2 Bathroom
700 - 1,100 ft2
Bungalow
Central Air Conditioning
Forced Air
$578,000
TURNKEY 5-BEDROOM STUDENT RENTAL | $3,500/MONTH RENTAL INCOME | 55' x 150' LOT | PRIME ST. CATHARINES LOCATION Rare opportunity to own a beautifully maintained, income-producing property in one of St. Catharines' most desirable neighbourhoods. Currently leased to five excellent student tenants generating $3,500/month in rental income, this property offers investors the opportunity to step into an established, income-producing rental with tenants already in place. The home itself is exceptionally appealing, featuring a spacious layout, updated kitchen and bathroom, generous bedrooms, a separate entrance and an enormous 55' x 150' lot-a combination that is increasingly difficult to find. The property is located in a quiet, attractive residential neighbourhood while remaining conveniently close to schools, shopping, transit and amenities. Five-bedroom student rentals in this location are highly sought after, making this an excellent option for an investor looking for an established rental rather than starting from scratch. The current lease runs through April, providing immediate occupancy and predictable rental income. The massive lot is an additional standout feature, offering exceptional outdoor space and potential long-term upside, subject to municipal approvals and zoning. Whether you're looking for a turnkey student rental, a long-term investment or a property with future potential, this one deserves a closer look. Strong rental demand + established tenants + $3,500/month income + exceptional lot + desirable neighbourhood. A compelling investment opportunity. Don't miss this opportunity to add a well-maintained, income-producing property to your portfolio. (id:61194)
Property Details
|
MLS® Number
|
X13440330 |
|
Property Type
|
Single Family |
|
Community Name
|
460 - Burleigh Hill |
|
Parking Space Total
|
3 |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Below Ground
|
2 |
|
Bedrooms Total
|
5 |
|
Age
|
51 To 99 Years |
|
Architectural Style
|
Bungalow |
|
Basement Development
|
Finished |
|
Basement Features
|
Separate Entrance |
|
Basement Type
|
N/a, N/a (finished) |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick Veneer |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
700 - 1,100 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
150 Ft |
|
Size Frontage
|
55 Ft |
|
Size Irregular
|
55 X 150 Ft |
|
Size Total Text
|
55 X 150 Ft |