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Home ON St. Catharines - Niagara St. Catharines The Haig
78 Grass Avenue
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78 Grass Avenue $699,800
$699,800
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78 Grass Avenue
St. Catharines, Ontario L2R1T1

MLS® Number: H4194633

Listing Description

Discover the perfect investment opportunity with this fully renovated duplex in the heart of St. Catharines. Ideal for investors seeking passive income or those looking to live in 1 unit while renting out the other. This unique side-by-side duplex features 2 meticulously updated units (2020 by the previous owner). This layout feels like you have your own home at the front unit & a main floor living area in the back unit with the bedroom in the basement. Both units boast modern kitchens, carpet-free, luxury vinyl flooring, beautifully renovated bathrooms & in-suite laundry in both units. The extensive renovations include updated plumbing & electrical systems, ensuring peace of mind & low maintenance for years to come. Each unit has separate hydro meters providing convenience & efficiency for tenants. Furnace updated Jan 2024. Washer & dryer in back unit replaced 2024. The current owner has maintained everything on the property. Unit 1 will be vacant June 30, ready for occupancy or leasing July 1, while the other unit is tenanted with a reliable renter who wishes to stay. Projected rent for Unit 1 is $2,500/mo & current rent for Unit 2 is $1,230/mo. This property offers a unique blend of immediate rental income & potential for future growth, making it a desirable investment in the 2024 market. Don’t miss out on this turnkey investment opportunity! Just steps to 12 Mile Creek, close to all amenities & bus routes which makes it great for tenants. Vacant interior photos from 2021. (31137673)

Location Description

URBAN

Property Summary

Property Type
Multi-family
Building Type
Apartment
Storeys
1.5
Land Size
42 x 98.7|under 1/2 acre
Built in
1941
Annual Property Taxes
$2,818.64
Parking Type
No Garage
Time on REALTOR.ca
35 days

Building

Interior Features
Appliances Included
Dishwasher, Dryer, Refrigerator, Stove, Washer
Basement Type
Partial (Finished)
Building Features
Features
Park setting, Park/reserve, Paved driveway, Level
Foundation Type
Block
Style
Detached
Architecture Style
Multi-Unit
Fire Protection
Smoke Detectors
Rental Equipment
None
Total Units
2
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Business
Business Type
Residential (Residential)
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Public Transit, Recreation, Schools
Parking
Parking Type
No Garage
Total Parking Spaces
2

Measurements

Square Footage
1430 sqft
Exterior Building Size
1430 sqft

Land

Lot Features
Frontage
42 ft
Land Depth
98 ft
Other Property Information
Zoning Description
R2
Data provided by: REALTORS® Association of Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4

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