54 Chestnut Street East, St. Catharines (Secord Woods), Ontario, L2T1H1

For sale

61 days ago

$665K

54 Chestnut Street East, St. Catharines (Secord Woods), Ontario, L2T1H1

5 bd2 ba6 pk2,250 ft²Lot size 66 × 132 ft (8,712 sq ft)

Listed by REVEL REALTY INC.

25 Bessey Street, St. Catharines (Secord Woods), Ontario, L2T1L9

For sale

148 days ago

$449K

25 Bessey Street, St. Catharines (Secord Woods), Ontario, L2T1L9

4 bd2 ba2 pk1,750 ft²Lot size 33 × 66 ft (2,185 sq ft)

Listed by RE/MAX HENDRIKS TEAM REALTY

Investment analysis

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$449,000

St. Catharines

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$449,000

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25 Bessey Street, St. Catharines (Secord Woods) - Multi-family for Sale

25 Bessey Street, St. Catharines (Secord Woods), Ontario, L2T1L9

4 beds2 baths2 parking1,750 ft²33 × 66 ft (2,185 sq ft) lot sizeListed Today

Overview

This multi-family property in St. Catharines is for sale offering roughly 1,750 sq ft of space. It has been on the market 0 days, fresher than the St. Catharines average of 51 days.

Multi-Family Properties for Sale in St. Catharines →All real estate in St. Catharines →

Description

Welcome to 25 Bessey Street! This turnkey, fully legal duplex in the heart of St. Catharines presents an incredible opportunity for savvy investors or buyers looking to "house-hack." Both units feature a highly functional, tenant-preferred 2-bedroom, 1-bathroom layout. Designed for maximum privacy and low-maintenance landlord management, the property boasts separate hydro meters (meaning tenants pay their own electricity!) and independent, private laundry facilities in each unit. The main floor enjoys its own front door access, while the upper unit features a fully separate, private walk-up entrance from the rear. Tucked away on a quiet, family-friendly street with a peaceful backyard and 2 dedicated parking spaces, you truly get the best of both worlds. The location is unbeatable - just 2 minutes from the QEW and Hwy 406, offering a direct, easy commute to Brock University and Niagara College (a total goldmine for student rentals). Plus, you're just steps from top-rated schools, beautiful local parks, Fairview Mall, grocery stores, and major shopping hubs. Whether you want to add a high-yield asset to your portfolio or move into one unit and let the helper suite drastically cut down your monthly mortgage, this property is a guaranteed winner. Both units are completely ready to start generating income on day one! (id:66096)

Property Details

MLS®: X14150228
Property Type: Multi-family
Zoning: R2
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 2
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 33 × 66 ft (2,185 sq ft)
Frontage: 33 ft
Storeys: 2
Basement: Unfinished, None, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Wall unit
Garage: No Garage
Property Tax: $4,803.36/yr
Listed: Today

Rooms

Lower level

Living room: 4.52 x 3.52 meters
Primary Bedroom: 3.53 x 3.04 meters
Bedroom: 3.53 x 2.1 meters
Kitchen: 4.17 x 3.79 meters

Upper Level

Living room: 4.27 x 4.01 meters
Kitchen: 4.38 x 2.69 meters
Primary Bedroom: 4.85 x 2.56 meters
Bedroom: 3.31 x 2.69 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Stove, Dryer
Foundation: Block
Exterior: Vinyl siding
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

St. Catharines (Secord Woods) listings, avg age

51d

Price / ft²

$257

List price

$449K

Haho

This 4-bed multi-family in St. Catharines (Secord Woods) has been listed for 0 days, which is 51 days fresher than the city average of 51. Act while there is still low competition.

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Listed by RE/MAX HENDRIKS TEAM REALTY · Justin Taylor

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2T)

This home lists at $449,000, about 6.0× the local median household income of $74,500.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.

Median household income: $74,500
Population: 11,401
Median age: 42
Owner / renter: 67% / 33%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L2T)

$449,000· $257/ft²

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$400/mo

Total monthly$2,765

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$5,455

Est. closing costs$3,847

Total cash needed$31,752

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