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

    Est payment $2,737/mo
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    Views   7
    Time on Jump  37 day

    AI Summary *

    • Turn-key student rental generating over $4,200 a month with secured lease.
    • Designed with 7 bedrooms and 2.5 bathrooms, perfect for student living.
    • Spacious open-concept main floor with a dedicated laundry area.
    • Finished lower level with extra kitchen setup and living space.
    • Great location near Brock University and local amenities for convenience.




    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. The home has 7 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.
    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 Brokerage: EXP REALTY

    * 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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    59 Parker Street
    St. Catharines , Ontario
    7 3 $569,900
    Get more info