78 Grass Avenue, St Catharines

78 Grass Avenue, St Catharines, ON L2R1T1 Photo 1

20 Photos

78 Grass Avenue, St Catharines, ON L2R1T1 Photo 2
78 Grass Avenue, St Catharines, ON L2R1T1 Photo 3
78 Grass Avenue, St Catharines, ON L2R1T1 Photo 4
78 Grass Avenue, St Catharines, ON L2R1T1 Photo 5
78 Grass Avenue, St Catharines, ON L2R1T1 Photo 6
78 Grass Avenue, St Catharines, ON L2R1T1 Photo 7
  • Bedrooms: 4
  • Bathrooms: 3
  • Living area: 1430 square feet
  • MLS®: h4194633
  • Type: Multifamily
  • Added: 23 days ago
  • Type: Multifamily
  • Listed by: Point2

Property Details

Discover the perfect investment opportunity with this fully renovated duplex in the heart of St. Catharines. Ideal for investors seeking passive income or those looking to live in 1 unit while renting out the other. This unique side-by-side duplex features 2 meticulously updated units (2020 by the previous owner). This layout feels like you have your own home at the front unit & a main floor living area in the back unit with the bedroom in the basement. Both units boast modern kitchens, carpet-free, luxury vinyl flooring, beautifully renovated bathrooms & in-suite laundry in both units. The extensive renovations include updated plumbing & electrical systems, ensuring peace of mind & low maintenance for years to come. Each unit has separate hydro meters providing convenience & efficiency for tenants. Furnace updated Jan 2024. Washer & dryer in back unit replaced 2024. The current owner has maintained everything on the property. Unit 1 will be vacant June 30, ready for occupancy or leasing July 1, while the other unit is tenanted with a reliable renter who wishes to stay. Projected rent for Unit 1 is $2,500/mo & current rent for Unit 2 is $1,230/mo. This property offers a unique blend of immediate rental income & potential for future growth, making it a desirable investment in the 2024 market. Don’t miss out on this turnkey investment opportunity! Just steps to 12 Mile Creek, close to all amenities & bus routes which makes it great for tenants. Vacant interior photos from 2021.

Best Mortgage Rates

powered by Ratehub.ca

Features

  • Other: Inclusions: 2 fridges, 2 stoves, 2 dishwashers, 2 washers & 2 dryers, all electrical light fixtures, Exclusions: Tenants belongings, Foundation: Concrete Block, Laundry Access: In-Suite, Leases, Water Meter
  • Heating: Gas, Forced Air
  • Lot Features: Urban
  • Extra Features: Area Features: Level, Library, Park, Place of Worship, Public Transit, Rec./Commun.Centre, Schools
  • Sewer/Water Systems: Sewers: Sewer

Nearby Places

Name Type Address Distance
St. Catharines Components Plant Catharines, Ontario... 0.4 km
Haig, St. Catharines Its borders are Regional Road 83 to the north, Reg... 0.4 km
Montebello Park Park 64 Ontario St 1.2 km
Roman Catholic Diocese of Saint Catharines Catharines, Ontario.... 1.2 km
Montebello Park It features a commemorative rose garden with over ... 1.3 km
St Catharines Locality St Catharines 1.3 km
Downtown St. Catharines Paul Street then Niagara Street north until it mee... 1.4 km
British Methodist Episcopal Church, Salem Chapel It is located at 92 Geneva St., in the heart of Ol... 1.5 km
Welland House Hotel Catharines, Ontario, the Welland House Hotel Build... 1.6 km
CFBU-FM Branded on-air as Brock Radio, it is the community... 1.6 km
SCENE Music Festival The event has been held annually in late June/earl... 1.6 km
Twelve Mile Creek (Ontario) The creek's lower reaches flow through urban areas... 1.6 km
Similar Multifamilys Stat in St Catharines
We have found 6 Multifamily that closely match the specifications of the property located at 78 Grass Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 559,000 and 959,990, providing a good range for comparison. Moreover, we have also discovered that there are a few open Multifamily in the L2R1T1 postal code area of St Catharines Ontario Canada.
78 Grass Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 78 Grass Avenue. The current price of the property is $699,800, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $559,840. This would result in a monthly mortgage payment of $3,272 over a 25-year amortization period.
Comparison of 78 Grass Avenue, St Catharines, ON with Nearby Multifamilys
Nearby Cities Listings Avg. price
Thorold 266 $1.089.210
Niagara On The Lake 334 $1.558.048
Niagara Falls 815 $1.123.792
Fonthill 76 $1.221.983
Beamsville 83 $1.256.003
Welland 363 $893.253
Lincoln 126 $1.281.966
Hamilton 3001 $1.112.137
Popular Cities Listings Avg. price
Grimsby 349 $1.116.341
Fort Erie 406 $877.251
Oakville 1161 $1.957.649
Burlington 1096 $1.430.632
Toronto 10979 $1.210.974
Mississauga 2072 $1.367.711
Brantford 641 $910.371
Milton 566 $1.544.107
94 Welland Avenue, St Catharines 3 Durksen Drive, St Catharines 3 Durksen Drive, St Catharines 5 22 Willow Bank Common, St Catharines 109 Queen Street, St Catharines 97 Welland Avenue, St Catharines 17 Durksen Dr, St Catharines 185 James St, St Catharines