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    For Sale - 331 Queenston Street, St. Catharines, Ontario

    Est payment $3,121/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Six-bedroom, three-storey home currently generating $4,750 in monthly gross rental income.
    • Zoning allows potential development of up to 24 residential units, subject to approvals.
    • Approximately 305-foot-deep lot offers room for future development.
    • Functional layout includes two full bathrooms, main-floor laundry, and living space across three levels.
    • Loft-style sixth bedroom features vaulted ceilings, exposed beams, and built-in storage.




    Exceptional investment & development opportunity - 6-bedroom home generating $4,750 monthly with potential for up to 24 residential units! Welcome to 331 queenston street, st. Catharines, an outstanding income-producing property offering an exceptional combination of immediate cash flow, generous lot size and exciting future development potential. Currently generating $4,750 monthly ($57,000 annually) in gross rental income, this spacious three-storey home sits on an impressive lot extending approximately 305 feet deep, offering a rare opportunity for investors, builders and developers. With zoning permitting the potential development of up to 24 residential units, subject to municipal approvals and development requirements, this property presents significant possibilities for future intensification while generating rental income today. The existing residence features 6 generously sized bedrooms, 2 full bathrooms and an abundance of functional living space across three levels. The main floor offers a spacious living room, a well-appointed kitchen equipped with a gas stove, refrigerator and dishwasher, two bedrooms, convenient main-floor laundry and an inviting enclosed porch. The second level features three additional bedrooms and a four-piece bathroom, while the third floor offers a spacious loft-style sixth bedroom complete with vaulted ceilings, exposed architectural beams and built-in storage. Throughout the home, you'll appreciate the character of the original wood trim, attractive flooring, generous room sizes and functional layout.
    Listing IDX14160128
    Address331 Queenston Street
    CitySt. Catharines, Ontario
    Price$649,999
    Bed / Bath6 / 2 Full
    Style2-Storey, Detached
    ConstructionBrick, Wood
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Carpet FreeOwnership FreeholdBasement FullFoundation ConcreteHeating / Cooling WaterHeating Fuel GasSewer Sewer

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    Listing Brokerage: The Agency

    * 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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    331 Queenston Street
    St. Catharines , Ontario
    6 2 $649,999
    Get more info