Address
59 Parker Street, St. Catharines (Western Hill), ON
Price
$ 569,900
Property Attributes
- ID#X13778162
- TypeSingle Family
- Listing Status Active
- MunicipalitySt. Catharines (Western Hill)
- CitySt. Catharines (Western Hill)
- Area458 - Western Hill
- Neighbourhood458 - Western Hill
- Postal CodeL2S 1W1
- StyleRaised bungalow
- Price$ 569,900
- Bedrooms3+4
- Bathrooms2
- Half Bathrooms1
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Here's your next investment opportunity! This turn-key student rental already generates $4,238.42 per month with 6 tenants on one lease through April 30, 2027, lining up nicely with the typical summer student changeover. Built in 2004, this all-brick raised bungalow offers approximately 2,500 sq. ft. of finished living space and a layout that works extremely well for student living. The home has 7 bedrooms, with the potential for an 8th, plus 2.5 bathrooms, large bedrooms with closets, plenty of storage, and oversized lower-level windows that bring in great natural light. The main floor features an open-concept layout, spacious kitchen, dedicated laundry area and access to the backyard, while the finished lower level includes a second kitchen setup and additional living space. The double-car garage is another major bonus, providing extra storage and additional space for tenants to use. Set on a quiet street, the location checks the right boxes with easy access to Brock University, public transit, downtown amenities, restaurants, shopping and everyday conveniences. The property is professionally managed by a reputable local property management company, making this a straightforward addition to an investment portfolio. With its bedroom count, existing rental income and strong demand for student housing, this property offers income potential that can be difficult to match with a traditional single-family rental. The tenants are already in place, the lease is secured, and the property is set up for its intended use. Whether you're adding to an existing portfolio or looking for your first student rental, this one is worth a closer look. 24 hours' notice is required for all showings. (id:7434)
General Features
| Features | In-Law Suite |
|---|---|
| Community Features | School Bus |
| Property Type | Single Family |
| Zoning Description | R2 |
| CommunityName | 458 - Western Hill |
| Amenities | Schools, Park, Place of Worship, Public Transit |
| Building Age | 16 to 30 years |
| Building Appliances | Water meter, Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Building Architectural Style | Raised bungalow |
| Building Cooling Type | Central air conditioning |
| Location Description | Cross Streets: Pelham Road & Glendale Ave. ** Directions: Pelham Road to Parker Street. |
| Parking Space Total | 6 |
| Foundation Type | Poured Concrete |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 1 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Development | Finished |
| Basement Type | N/A (Finished) |
| Construction Style Attachment | Detached |
| Living Area Range | 1100 |
| Bedrooms | 3+4 |
Exterior Features
| Land Amenities | Schools, Park, Place of Worship, Public Transit |
|---|---|
| Sewer | Sanitary sewer |
| Exterior Finish | Brick Veneer |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Bathroom | 2.2 m x 2.2 m | Upper Level | 2.2 m | |
| Bedroom | 3 m x 2.9 m | Upper Level | 2.9 m | |
| Bedroom 2 | 3 m x 3.4 m | Upper Level | 3.4 m | |
| Bedroom 3 | 3 m x 3 m | Upper Level | 3 m | |
| Bedroom 4 | 3.7 m x 3.6 m | Basement | 3.6 m | |
| Bedroom 5 | 2.7 m x 1.6 m | Basement | 1.6 m | |
| Kitchen | 3.9 m x 3.9 m | Basement | 3.9 m | |
| Laundry room | 2.5 m x 1.6 m | Main level | 1.6 m | |
| Living room | 5.6 m x 4.8 m | Upper Level | 4.8 m | |
| Office | 3.4 m x 3 m | Upper Level | 3 m |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in L2S 1W1
Price
In The Neighbourhood
Just Listed
St. Catharines (Western Hill)
$ 349,900
- Type
- Single Family
- Rooms
- 3 Beds + 1 Baths
THE CANADIAN HOME REALTY INC.
Primary On Main
St. Catharines (Western Hill)
$ 429,900
- Type
- Single Family
- Rooms
- 5 Beds + 2 Baths
INTERCITY REALTY INC.
Primary On Main
St. Catharines
$ 385,000
- Type
- Single Family
- Size
- 876 SqFt
- Rooms
- 3 Beds + 1 Baths
Keller Williams Complete Realty
Primary On Main
St. Catharines (Western Hill)
$ 385,000
- Type
- Single Family
- Rooms
- 3 Beds + 1 Baths
KELLER WILLIAMS COMPLETE REALTY
St. Catharines (Western Hill)
$ 414,900
- Type
- Single Family
- Rooms
- 3 Beds + 1 Baths
RE/MAX NIAGARA REALTY LTD, BROKERAGE
Open House
St. Catharines (Western Hill)
$ 649,900
- Type
- Single Family
- Rooms
- 4 Beds + 2.5 Baths
BOLDT REALTY INC., BROKERAGE
Primary On Main
St. Catharines (Western Hill)
$ 499,900
- Type
- Single Family
- Rooms
- 5 Beds + 2 Baths
RE/MAX NIAGARA REALTY LTD, BROKERAGE
Primary On Main
St. Catharines (Western Hill)
$ 469,000
- Type
- Single Family
- Rooms
- 3 Beds + 1 Baths
RE/MAX NIAGARA REALTY LTD, BROKERAGE
St. Catharines
$ 1,695
- Type
- Single Family
- Size
- 815 SqFt
- Rooms
- 2 Beds + 1 Baths
Royal LePage State Realty Inc.
Open House
St. Catharines (Western Hill)
$ 599,900
- Type
- Single Family
- Rooms
- 3 Beds + 2 Baths
EXECUTIVE REAL ESTATE SERVICES LTD.
Primary On Main
St. Catharines (Western Hill)
$ 534,999
- Type
- Single Family
- Rooms
- 4 Beds + 2 Baths
RE/MAX HENDRIKS TEAM REALTY
Water Views
St. Catharines (Western Hill)
$ 574,900
- Type
- Single Family
- Rooms
- 5 Beds + 2 Baths
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
St. Catharines (Western Hill)
$ 2,300
- Type
- Single Family
- Rooms
- 2 Beds + 2 Baths
RIGHT AT HOME REALTY, BROKERAGE
Primary On Main
St. Catharines
$ 399,900
- Type
- Single Family
- Size
- 1,320 SqFt
- Rooms
- 2 Beds + 1 Baths
Michael St. Jean Realty Inc.
