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$665,000
St. Catharines
54 Chestnut Street East, St. Catharines (Secord Woods), Ontario, L2T1H1
This multi-family property in St. Catharines is for sale offering roughly 2,250 sq ft of space.
Turnkey duplex with value-add potential! This well-maintained income property features two self-contained units, including a 3-bedroom main-floor suite and a 2-bedroom upper suite. Generating rental income from day one, the property also offers a full unfinished basement with a separate entrance and impressive 10-foot ceilings, creating exciting possibilities for future expansion. Set on a generous lot with rear lane access, this property offers a unique opportunity for investors seeking growth, additional income potential, or future redevelopment. Centrally located near shopping, schools, transit, and all downtown St. Catharines amenities. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property checks all the boxes. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 60 days on market, against an average age of 51 days across the listings currently for sale in this city
This 5-bed multi-family in St. Catharines (Secord Woods) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $665,000, about 8.9× the local median household income of $74,500.
Carrying it typically needs a household income of about $129,898 (20% down, 25-yr amortization, stress-tested) — roughly 74% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2T)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.