view of bungalow Features: vertical siding, lawn, board batten siding, fence, parking pad, porch, stoop, shingle roof, horizontal siding, concrete foundation, downspout More Photos

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    For Sale - 250 Grantham Avenue, St. Catharines, Ontario

    Est payment $3,601/mo
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    Time on Jump  8 day

    AI Summary *

    • Fully legal three-unit property with strong cash flow potential.
    • Two units will be vacant soon, perfect for setting market rent.
    • Well-maintained units with in-suite laundry and functional layouts.
    • Generous lot with a double driveway, accommodating up to six vehicles.
    • Recent upgrades for comfort and safety, including soundproofing and insulation.




    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*
    Listing IDX12970760
    Address250 Grantham Avenue
    CitySt. Catharines, Ontario
    Price$749,900
    Bed / Bath5 / 3 Full
    StyleBungalow, Triplex
    ConstructionBrick, Vinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Accessory Apartment, Primary Bedroom - Main Floor, Other, Sump PumpOutdoor Features PatioAmenities Fenced Yard, Park, Place Of Worship, School, Public Transit, OtherOwnership FreeholdBasement Separate Entrance, Finished, FullFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Agency:  ROCK STAR REAL ESTATE INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    250 Grantham Avenue
    St. Catharines , Ontario
    5 3 $749,900
    Get more info