$569,900
Available - For Sale
Listing ID: X13778162
59 Parker Street , St. Catharines, L2S 1W1, Niagara
| 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. |
| Price | $569,900 |
| Taxes: | $5705.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 59 Parker Street , St. Catharines, L2S 1W1, Niagara |
| Directions/Cross Streets: | Pelham Road & Glendale Ave |
| Rooms: | 14 |
| Bedrooms: | 3 |
| Bedrooms +: | 4 |
| Family Room: | T |
| Basement: | Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Laundry | 8.2 | 5.25 | |
| Room 2 | Main | Bathroom | 8.2 | 2.62 | 2 Pc Bath |
| Room 3 | Upper | Office | 11.15 | 9.84 | Closet |
| Room 4 | Upper | Living Ro | 18.37 | 15.74 | Combined w/Kitchen, Open Concept |
| Room 5 | Upper | Bathroom | 7.22 | 7.22 | 4 Pc Bath |
| Room 6 | Upper | Bedroom | 9.84 | 9.51 | |
| Room 7 | Upper | Bedroom 2 | 9.84 | 11.15 | |
| Room 8 | Upper | Bedroom 3 | 9.84 | 9.84 | |
| Room 9 | Basement | Bedroom 4 | 12.14 | 11.81 | |
| Room 10 | Basement | Bedroom 5 | 8.86 | 5.25 | |
| Room 11 | Basement | Bedroom | 13.12 | 12.79 | |
| Room 12 | Basement | Bedroom | 13.12 | 12.79 | |
| Room 13 | Basement | Kitchen | 12.79 | 12.79 | |
| Room 14 | Basement | Bathroom | 8.86 | 5.25 | 3 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 3 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 2 | Main |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 3 | Basement |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 2 | Main |
| Washroom Type 12 | 4 | Second |
| Washroom Type 13 | 3 | Basement |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 2 | Main |
| Washroom Type 17 | 4 | Second |
| Washroom Type 18 | 3 | Basement |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 16-30 |
| Property Type: | Detached |
| Style: | Bungalow-Raised |
| Exterior: | Brick Veneer |
| Garage Type: | Attached |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Approximatly Age: | 16-30 |
| Approximatly Square Footage: | 1100-1500 |
| Property Features: | School, School Bus Route |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| EXP REALTY |
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Bikramjit Sharma
Broker
Dir:
647-295-0028
Bus:
905 456 9090
Fax:
905-456-9091
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Niagara |
| Municipality: | St. Catharines |
| Neighbourhood: | 458 - Western Hill |
| Style: | Bungalow-Raised |
| Approximate Age: | 16-30 |
| Tax: | $5,705 |
| Beds: | 3+4 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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