$1,199,000
St. Catharines
293-295 Glenridge Avenue, St. Catharines (Glendale/Glenridge), Ontario, L2T3K5
This multi-family property in St. Catharines is for sale offering roughly 4,250 sq ft of space. It has been on the market 20 days, fresher than the St. Catharines average of 71 days.
Exceptional multi-unit investment opportunity at 293-295 Glenridge Ave, St. Catharines. This unique property features a total of 4 registered residential units, with additional finished basement living spaces on both sides, offering excellent flexibility and strong rental income potential in a highly desirable location close to Brock University, public transit, shopping, parks, and major amenities.Each registered unit features separate entrances, individual in-suite laundry with its own washer and dryer, and functional layouts designed for comfortable living. The finished lower-level spaces at both 293 and 295 Glenridge offer additional accommodation options, complete with kitchens, bathrooms, and living areas.The upper-level units on both sides offer spacious 3-bedroom, 2-bathroom layouts complete with full kitchens and living areas. At 295 Glenridge, the main floor unit features a 2-bedroom, 2-bathroom layout, while the finished lower-level space includes a 2-bedroom, 2-bathroom layout with kitchen and living area. At 293 Glenridge, the main floor unit offers 3 bedrooms and 2 bathrooms, while the finished lower-level space includes a 2-bedroom, 1-bathroom layout with kitchen and living area.The property also provides excellent parking accommodations, with each side featuring its own private driveway offering at least 4 parking spaces, in addition to detached garage parking.Located in a well-established residential neighborhood with strong rental demand, this property is ideal for investors seeking stable income, multi-generational living opportunities, or long-term growth potential in the Niagara region. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 20 days on market, against an average age of 71 days across the listings currently for sale in this city
This 15-bed multi-family in St. Catharines (Glendale/Glenridge) has been listed for 20 days, which is 51 days fresher than the city average of 71. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,199,000, about 16.1× the local median household income of $74,500.
Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 214% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2T)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.