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$459,900
St. Catharines
106 Haig Street, St. Catharines (Haig), Ontario, L2R6L2
This multi-family property in St. Catharines is for sale offering roughly 1,300 sq ft of space. It has been on the market 21 days, fresher than the St. Catharines average of 60 days.
An exceptional opportunity to own a turn-key, income-producing detached brick duplex offering immediate cash flow and long-term investment potential. This charming 1.5-storey property features two self-contained units, each with private entrances, separate kitchens, and individual hydro meters. Both units are currently rented, generating a combined $2,790 per month in gross rental income, providing investors with income from day one upon closing. With established tenancies and rents that are competitive with the current market, this property offers an attractive opportunity for investors looking to add a cash-flowing asset to their portfolio without the hassle of sourcing tenants or completing renovations before generating income. Set on a generous lot with a private backyard, the property also offers a rare combination of income potential and outdoor space. Ideally located in a mature, centrally connected neighborhood, just minutes from QEW access, shopping, schools, and public transit, this duplex is well-positioned for continued rental appeal. Whether you're a seasoned investor or entering the rental market, this is a turnkey opportunity to secure an income-producing property with immediate rental revenue and long-term potential. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 60 days across the listings currently for sale in this city
This 4-bed multi-family in St. Catharines (Haig) has been listed for 21 days, which is 39 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $459,900, about 7.5× the local median household income of $61,200.
Carrying it typically needs a household income of about $89,835 (20% down, 25-yr amortization, stress-tested) — roughly 47% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2R)
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Loading rates, 30-yr amortization
Cash Needed to Close
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