$699,000

Investment For Sale In Grantham West, St. Catharines (Vine/Linwell), Ontario

$699,000

Property Information:

Located in a mature, quiet north-end St. Catharines neighbourhood, this fully updated legal side-split duplex is a turnkey income property delivering $50,640 in gross annual rent with tenants covering their own hydro - built the way a cash-flowing investment property should be. Two completely self-contained units, separate hydro meters, private entrances, and independent in-suite laundry for each suite mean zero shared infrastructure, zero utility disputes, and zero landlord headaches - a clean, low-maintenance ownership structure from day one. The main-level unit is bright and well-proportioned, with large windows pulling natural light into an open-concept living and dining area; the kitchen has been modernized with quartz countertops and new appliances, including a dishwasher, complemented by three solid bedrooms, a four-piece quartz bathroom, and a dedicated washer and dryer. The lower suite is accessed through a private rear entrance and offers a surprisingly functional layout: a generously sized primary bedroom with two above-grade windows, a two-piece bathroom on that level, plus an open-concept kitchen, dining, and living area with a new stove and fridge, a full three-piece bathroom, and its own in-suite laundry. Both units have been freshened with new paint and carpet-free vinyl flooring throughout, and the water heater is owned - no rental contracts to inherit. Current combined rent is $4,220 per month with both units occupied and tenants paying their own hydro, steps from Walker's Creek Park and a short drive to Fairview Mall, the QEW, local schools, and everyday amenities - a location that attracts and retains quality long-term tenants. Showings with notice. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Type: N/A, N/A
  • Construction Style - Split Level: Sidesplit
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 700 - 1100 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Two stoves, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3+2
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Features: Carpet Free
  • Floor Space (approx): 700 - 1100 Square Feet
  • Irregular: Yes
  • Lot Depth: 110.3 Feet
  • Lot Frontage: 60.1 Feet
  • Lot Size: 60.1 x 110.4 FT
  • Zoning: R1
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Rooms:

  • Kitchen Basement Level 3.81 m x 2.30 m
  • Living Basement Level 3.73 m x 2.92 m
  • Bathroom Basement Level Measurements not available
  • Bedroom Lower Level 5.59 m x 3.73 m
  • 2nd Bedroom Lower Level 3.84 m x 10.33 m
  • Bedroom Upper Level 4.52 m x 2.68 m
  • 2nd Bedroom Upper Level 3.48 m x 3.05 m
  • 3rd Bedroom Upper Level 2.74 m x 3.65 m
  • Bathroom Upper Level Measurements not available
  • Living Ground Level 5.96 m x 3.48 m
  • Kitchen Ground Level 3.44 m x 2.93 m
  • Dining Ground Level 2.87 m x 2.78 m

Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.