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For Sale · St. Catharines (Downtown) · Multi-family
$499,000
About This Home
Welcome to 41 Louisa Street A Rarely Offered Legal Duplex! Proudly owned by the same family for 35 years, this solid two-storey brick home offers incredible investment potential or the opportunity to live in one unit and rent out the other. Zoned R2 with two separate hydro meters, the property features two self-contained one-bedroom apartments: Upper Unit: Occupying the entire second floor with its own entrance and exclusive use of the front porch. Features a brand new kitchen (2023), spacious living room, office space, bedroom, and a 4-piece bathroom. Lower Unit: Spanning the main floor and basement with its own private entrance. Recently freshly painted from top to bottom, including the kitchen cabinets. Offers a full kitchen, living room, office space, bedroom, 4-piece bathroom, plus access to the back deck and backyard. This property is an excellent addition to any investment portfolio, with the potential to generate $1,595 + hydro per unit. Whether you're a savvy investor or looking for a mortgage helper, 41 Louisa Street is a must-see opportunity. (id:66635)
Summarizing the highlights...
Property Details
July Value
Calculating a July Value estimate...
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My Notes
Run The Numbers
Monthly mortgage payment
$2,334
$399,200 financed over 25 years at 5%. For guidance only, not a quote or approval.
Monthly cost (mortgage + tax + maintenance)
$2,334
Cash flow
-$2,334
Estimates for education only. Talk to a JULY advisor for real numbers on this home.
St. Catharines (Downtown) right now
Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.
The Neighbourhood
Household and demographic stats for St. Catharines (Downtown), from the Statistics Canada 2021 Census.
Source: Statistics Canada 2021 Census, St. Catharines, City, Ontario.
Rental Market
Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.
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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.