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For Sale · St. Catharines (Downtown) · Multi-family
$519,000
About This Home
Located in the heart of downtown St. Catharines, this fully rented legal duplex presents a strong turnkey opportunity in a buyer-friendly market. The main floor unit generates $1,850 per month plus hydro, while the upper unit is now vacant, offering flexibility to live in one unit and rent the other, or lease it out at current market rents. The property has been professionally managed with a consistent tenant history, and the management company is open to remaining in place to ensure a smooth transition. The main floor offers three bedrooms, a full bathroom, and an unfinished basement, while the upper unit features two bedrooms, a 4-piece bathroom, and a private entrance off Henry Street. Shared laundry adds convenience, with direct access from one unit and an additional side entrance. Set in a walkable neighbourhood just minutes to Montebello Park, restaurants, shopping, transit, and everyday amenities, this is a smart option for investors looking to start or expand their portfolio with a reliable income-producing property. Minimum 24 hours' notice required for showings. (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
$2,427
$415,200 financed over 25 years at 5%. For guidance only, not a quote or approval.
Monthly cost (mortgage + tax + maintenance)
$2,427
Cash flow
-$2,427
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.