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Elizabeth Pullman

elizabeth.pullman@engelvoelkers.com +1(905) 329-0460

$ 749,900

Est. payment -/mo

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Active

250 GRANTHAM Avenue St. Catharines, ON L2M4Z5

5 Beds

3 Baths

3,004 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3004

Square Footage 3,004 sqft

Price per Sqft $249

Subdivision 444 - Carlton/Bunting

MLS® Listing ID 40818053

Style Bungalow

Bedrooms 5

Year Built 1957

Property Sub-Type Freehold

Property Description

Rare opportunity to purchase a FULLY LEGAL, TURN-KEY THREE UNIT property with excellent cash flow potential. The home is attractive to investors looking to add to their portfolio or for buyers looking for a house hack opportunity where they live in one unit and rent out the others. Two of the three units will be vacant as of May 1st, allowing you to set market rent and choose your tenants. All three of the units are well-maintained and offer functional layouts, in-suite laundry, full kitchens separate hydro and large windows that make the spaces bright and inviting. >> MAIN FLOOR UNIT (#1) - Currently occupied at $1,995 + hydro. Spacious 3 bedroom, 1 4PC bath unit with updated kitchen appliances and vinyl flooring installed throughout in 2023 (*carpets have just been laid over top by tenant to protect floors). >> BACK UNIT (#2) - Vacant May 1st. Rented @ $1,645 + Hydro. 1 bedroom, 1 3PC bath with private basement rec-room and storage area. >> BASEMENT UNIT (#3) - Vacant. Previously rented for $1,575 + Hydro. Inviting 1 bedroom, 1 4PC bath. Additional income includes $50/month mailbox rental. As an added bonus, the home sits on a generous 172 ft deep lot with double wide concrete driveway accommodating up to 6 vehicles. All legal unit work was completed in 2021 through a thorough renovation process that was permitted and inspected by the city of St. Catharines. Recent updates include: Separate hydro and electrical upgrades throughout (2021). Sonopan soundproofing between units & subfloor in unit #1 (2023). Double-layer fire-rated drywall in basement ceiling (2021). Attic spray foam insulation (2023). Sump Pump (2023). New Vinyl Plank floors in unit #1 (2023). Exterior Paint (2023). Windows in unit #1 (2023). Various plumbing upgrades (2021 & 2023). Located within walking distance to transit, parks, and daily amenities. RSA* (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Basement Measurements not available Storage

Extra Room 2 Basement 7'10'' x 11'0'' Utility room

Extra Room 3 Basement 5'7'' x 5'6'' Laundry room

Extra Room 4 Basement 6'4'' x 9'1'' 4pc Bathroom

Extra Room 5 Basement 11'8'' x 14'8'' Bedroom

Extra Room 6 Basement 14'10'' x 8'0'' Kitchen

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Architectural Style Bungalow

Others

Ownership Freehold

Listed by Rock Star Real Estate Inc.

Elizabeth Pullman

Advisor | License ID: 4780123

+1(905) 329-0460

Elizabeth Pullman

250 GRANTHAM Avenue St. Catharines, ON L2M4Z5

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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250 GRANTHAM Avenue