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MLS® 40818053

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 3004 sqft
Garage None
Taxes $5,094
Days Active 0
Lot Size 
Approx. Age 1957
Avg. Price Per Sqft $249
MLS® Number 40818053

Property Address: 250 Grantham Ave, St Catharines, ON, L2M4Z5

Average square foot calculated using Size range provided by listing agent.

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:58753)Show Description
MLS® Number40818053
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age1957
BasementFinished, Full
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Bedroom 1:Main FloorNot available
Kitchen:BasementNot available
Laundry:BasementNot available
Living Room:Main FloorNot available
Utility Room:BasementNot available
Other:BasementNot available
Other:Main FloorNot available
Other:Main FloorNot available
Other:Main FloorNot available
Other:BasementNot available

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $547,000 and $852,000.
Similar properties in this area sold on average for: $547,350
Expected to sell in 38 days. Similar properties sold in 38 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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