For Sale - 59 Parker Street, St. Catharines, Ontario

Est payment $2,737/mo
Views   1
Time on Jump  1 days
  • Turn-key student rental generating over $4,200 monthly with secured lease.
  • Well-designed layout with 7 bedrooms and potential for an 8th.
  • Open-concept main floor with spacious kitchen and dedicated laundry area.
  • Finished lower level includes a second kitchen and extra living space.
  • Located near Brock University with easy access to transit and amenities.



Here's your next investment opportunity! This turn-key student rental already generates $4,238. 42 per month with 6 tenants on one lease through april 30, 2027, lining up nicely with the typical summer student changeover. Built in 2004, this all-brick raised bungalow offers approximately 2,500 sq. Ft. Of finished living space and a layout that works extremely well for student living. There are 7 currently utilized bedrooms, with the potential for an 8th, plus 2. 5 bathrooms, large bedrooms with closets, plenty of storage and oversized lower-level windows that bring in great natural light. The main floor features an open-concept layout, spacious kitchen, dedicated laundry area and access to the backyard, while the finished lower level includes a second kitchen setup and additional living space. The double-car garage is another major bonus, providing extra storage and additional space for tenants to use. Set on a quiet street, the location checks the right boxes with easy access to brock university, public transit, downtown amenities, restaurants, shopping and everyday conveniences. The property is professionally managed by a reputable local property management company, making this a straightforward addition to an investment portfolio. With its bedroom count, existing rental income and strong demand for student housing, this property offers income potential that can be difficult to match with a traditional single-family rental. The tenants are already in place, the lease is secured, and the property is set up for its intended use. Whether you're adding to an existing portfolio or looking for your first student rental, this one is worth a closer look. 24 hours' notice is required for all showings. Contact today for additional rental and property information.
Listing IDX13778162
Address59 Parker Street
CitySt. Catharines, Ontario
Price$569,900
Bed / Bath7 / 3 Full
StyleBungalow-Raised, Detached
ConstructionBrick Veneer
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features In-Law SuiteAmenities School, School Bus Route, Park, Place Of Worship, Public TransitOwnership FreeholdBasement FinishedFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 6.00
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Listing Agency:  EXP REALTY

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59 Parker Street
St. Catharines , Ontario
7 3 $569,900
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