59 PARKER STREET, St. Catharines (western Hill), ON L2S1W1
59 PARKER STREET, St. Catharines (western Hill), ON L2S1W1
59 PARKER STREET, St. Catharines (western Hill), ON L2S1W1
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$569,900
Est. payment /mo
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7 Beds
3 Baths
1,100 SqFt
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59 PARKER STREET St. Catharines (western Hill), ON L2S1W1

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Karissa Savage

Karissa Savage

+1(587) 839-7120

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Square Footage 1,100 sqft

Price per Sqft $518

Subdivision 458 - Western Hill

MLS® Listing ID X13778162

Style Raised bungalow

Bedrooms 7

Half Baths 1

Property Sub-Type Freehold

Property Description

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. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Basement 4 m X 3.9 m Bedroom

Extra Room 2 Basement 4 m X 3.9 m Bedroom

Extra Room 3 Basement 3.9 m X 3.9 m Kitchen

Extra Room 4 Basement 2.7 m X 1.6 m Bathroom

Extra Room 5 Basement 3.7 m X 3.6 m Bedroom 4

Extra Room 6 Basement 2.7 m X 1.6 m Bedroom 5

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

Community Features School Bus

View Y/N No

Attached Garage Yes

Total Parking Spaces 6

Garage Yes

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Raised bungalow

Others

Ownership Freehold

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59 PARKER STREET