250 Grantham Avenue, St. Catharines, Ontario L2M 4Z5 (29572457)

250 Grantham Avenue St. Catharines, Ontario L2M 4Z5

5 Bedroom 3 Bathroom 1,500 - 2,000 ft2
Bungalow Central Air Conditioning Forced Air

$749,900

Rare opportunity to purchase a FULLY LEGAL, TURN-KEY THREE UNIT property with excellent cash flow potential. The home is attractive to investors looking to add to their portfolio or for buyers looking for a house hack opportunity where they live in one unit and rent out the others. Two of the three units will be vacant as of May 1st, allowing you to set market rent and choose your tenants. All three of the units are well-maintained and offer functional layouts, in-suite laundry, full kitchens separate hydro and large windows that make the spaces bright and inviting. >> MAIN FLOOR UNIT (#1) - Currently occupied at $1,995 + hydro. Spacious 3 bedroom, 1 4PC bath unit with updated kitchen appliances and vinyl flooring installed throughout in 2023 (*carpets have just been laid over top by tenant to protect floors). >> BACK UNIT (#2) - Vacant May 1st. Rented @ $1,645 + Hydro. 1 bedroom, 1 3PC bath with private basement rec-room and storage area. >> BASEMENT UNIT (#3) - Vacant. Previously rented for $1,575 + Hydro. Inviting 1 bedroom, 1 4PC bath. Additional income includes $50/month mailbox rental. As an added bonus, the home sits on a generous 172 ft deep lot with double wide concrete driveway accommodating up to 6 vehicles. All legal unit work was completed in 2021 through a thorough renovation process that was permitted and inspected by the city of St. Catharines. Recent updates include: Separate hydro and electrical upgrades throughout (2021). Sonopan soundproofing between units & subfloor in unit #1 (2023). Double-layer fire-rated drywall in basement ceiling (2021). Attic spray foam insulation (2023). Sump Pump (2023). New Vinyl Plank floors in unit #1 (2023). Exterior Paint (2023). Windows in unit #1 (2023). Various plumbing upgrades (2021 & 2023). Located within walking distance to transit, parks, and daily amenities. RSA* (id:50976)

Property Details

MLS® Number X12970760
Property Type Multi-family
Community Name 444 - Carlton/Bunting
Amenities Near By Park, Place Of Worship, Schools, Public Transit
Equipment Type Water Heater
Features Irregular Lot Size, Sump Pump
Parking Space Total 6
Rental Equipment Type Water Heater
Structure Patio(s), Shed

Building

Bathroom Total 3
Bedrooms Above Ground 4
Bedrooms Below Ground 1
Bedrooms Total 5
Age 51 To 99 Years
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate Entrance
Basement Type N/a, N/a (finished), Full
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,500 - 2,000 Ft2
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Park, Place Of Worship, Schools, Public Transit
Sewer Sanitary Sewer
Size Depth 172 Ft ,9 In
Size Frontage 64 Ft ,1 In
Size Irregular 64.1 X 172.8 Ft ; 45.94 X 64.19 X 173.19 X 58.13 Ft
Size Total Text 64.1 X 172.8 Ft ; 45.94 X 64.19 X 173.19 X 58.13 Ft
Zoning Description R1

Rooms

Level Type Dimensions
Basement Laundry Room 2.69 m x 4.55 m
Basement Living Room 9.1 m x 4.57 m
Basement Kitchen 2.45 m x 2.53 m
Basement Bedroom 3.57 m x 4.46 m
Basement Bathroom 1.94 m x 2.77 m
Basement Laundry Room 1.7 m x 1.68 m
Basement Utility Room 2.38 m x 3.36 m
Basement Other 1.7 m x 2.59 m
Basement Recreational, Games Room 4.39 m x 8.38 m
Main Level Living Room 5.61 m x 5 m
Main Level Kitchen 5.66 m x 3.58 m
Main Level Bedroom 4.32 m x 9.8 m
Main Level Bedroom 2 3.45 m x 3.34 m
Main Level Bedroom 3 3.37 m x 3.08 m
Main Level Bathroom 2.44 m x 2.24 m
Main Level Kitchen 4.37 m x 4.35 m
Main Level Bedroom 4.38 m x 2.4 m
Main Level Bathroom 2.71 m x 1.68 m

https://www.realtor.ca/real-estate/29572457/250-grantham-avenue-st-catharines-carltonbunting-444-carltonbunting

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Aimee Wesson
Salesperson

(905) 361-9098
www.landandtitle.ca/
@landandtitle/

Rock Star Real Estate Inc.
418 Iroquois Shore Rd #103a
Oakville, Ontario L6H 0X7

(905) 361-9098
(905) 338-2727
www.rockstarbrokerage.com

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