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$749,900
Available - For Sale
Listing ID: X12970760
250 Grantham Avenue , St. Catharines, L2M 4Z5, Niagara


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*
Price $749,900
Taxes: $5093.92
Occupancy: Partial
Address: 250 Grantham Avenue , St. Catharines, L2M 4Z5, Niagara
Acreage: Not Appl
Directions/Cross Streets: Welland Avenue
Rooms: 7
Rooms +: 9
Bedrooms: 4
Bedrooms +: 1
Family Room: F
Basement: Separate Ent, Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 18.4 16.4
Room 2 Main Kitchen 18.56 11.74 Eat-in Kitchen
Room 3 Main Bedroom 14.17 32.14
Room 4 Main Bedroom 2 11.32 10.96
Room 5 Main Bedroom 3 11.05 10.1
Room 6 Main Bathroom 8 7.35 4 Pc Bath
Room 7 Main Kitchen 14.33 14.27 Eat-in Kitchen
Room 8 Main Bedroom 14.37 7.87
Room 9 Main Bathroom 8.89 5.51 3 Pc Bath
Room 10 Basement Recreatio 14.4 27.49
Room 11 Basement Laundry 8.82 14.92
Room 12 Basement Living Ro 29.85 14.99
Room 13 Basement Kitchen 8.04 8.3
Room 14 Basement Bedroom 11.71 14.63
Room 15 Basement Bathroom 6.36 9.09 4 Pc Bath
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 3 Main
Washroom Type 3 4 Basement
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Triplex
Style: Bungalow
Exterior: Brick, Vinyl Siding
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 6
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Other Structures: Shed
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
Property Features: Fenced Yard, Park
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
Elevator Lift: False
Sewers: Sewer
$
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Years
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROCK STAR REAL ESTATE INC.
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At a Glance:
Type: Freehold - Triplex
Area: Niagara
Municipality: St. Catharines
Neighbourhood: 444 - Carlton/Bunting
Style: Bungalow
Lot Size: x 172.77(Feet)
Approximate Age: 51-99
Tax: $5,093.92
Maintenance Fee: $0
Beds: 4+1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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