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250 Grantham Avenue St. Catharines, Ontario L2M 4Z5

5 Bedroom 3 Bathroom 1500 - 2000 sqft
Bungalow Central Air Conditioning Forced Air

$749,900

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:61852)

Property Details

MLS® Number X12970760
Property Type Multi-family
Community Name 444 - Carlton/Bunting
AmenitiesNearBy Park, Place Of Worship, Schools, Public Transit
EquipmentType Water Heater
Features Irregular Lot Size, Sump Pump
ParkingSpaceTotal 6
RentalEquipmentType Water Heater
Structure Patio(s), Shed

Building

BathroomTotal 3
BedroomsAboveGround 4
BedroomsBelowGround 1
BedroomsTotal 5
Age 51 To 99 Years
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
ArchitecturalStyle Bungalow
BasementDevelopment Finished
BasementFeatures Separate Entrance
BasementType N/a, N/a (finished), Full
CoolingType Central Air Conditioning
ExteriorFinish Brick, Vinyl Siding
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 1500 - 2000 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
FenceType Fenced Yard
LandAmenities Park, Place Of Worship, Schools, Public Transit
Sewer Sanitary Sewer
SizeDepth 172 Ft ,9 In
SizeFrontage 64 Ft ,1 In
SizeIrregular 64.1 X 172.8 Ft ; 45.94 X 64.19 X 173.19 X 58.13 Ft
SizeTotalText 64.1 X 172.8 Ft ; 45.94 X 64.19 X 173.19 X 58.13 Ft
ZoningDescription R1

Rooms

Level Type Dimensions
Basement Laundry Room 2.69 m x 4.55 m
Basement Living Room 9.1 m x 4.57 m
Basement Kitchen 2.45 m x 2.53 m
Basement Bedroom 3.57 m x 4.46 m
Basement Bathroom 1.94 m x 2.77 m
Basement Laundry Room 1.7 m x 1.68 m
Basement Utility Room 2.38 m x 3.36 m
Basement Other 1.7 m x 2.59 m
Basement Recreational, Games Room 4.39 m x 8.38 m
Main Level Living Room 5.61 m x 5 m
Main Level Kitchen 5.66 m x 3.58 m
Main Level Bedroom 4.32 m x 9.8 m
Main Level Bedroom 2 3.45 m x 3.34 m
Main Level Bedroom 3 3.37 m x 3.08 m
Main Level Bathroom 2.44 m x 2.24 m
Main Level Kitchen 4.37 m x 4.35 m
Main Level Bedroom 4.38 m x 2.4 m
Main Level Bathroom 2.71 m x 1.68 m

https://www.realtor.ca/real-estate/29572457/250-grantham-avenue-st-catharines-carltonbunting-444-carltonbunting

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Aimee Wesson
Salesperson


Rock Star Real Estate Inc.
418 Iroquois Shore Rd #103a
Oakville, Ontario L6H 0X7

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