Address
25 Warkdale Drive, St. Catharines (Burleigh Hill), ON
Price
$ 578,000

Your Agent

Gurjot Randhawa

Sales Representative

647-684-0067


Listing provided by Gurjot Randhawa, Sales Representative, REMAX Gold Realty Inc

Property Attributes
  • ID#X13440330
  • TypeSingle Family
  • Listing Status Active
  • MunicipalitySt. Catharines (Burleigh Hill)
  • CitySt. Catharines (Burleigh Hill)
  • Area460 - Burleigh Hill
  • Neighbourhood460 - Burleigh Hill
  • Postal CodeL2T 2V8
  • StyleBungalow
  • Price$ 578,000
  • Bedrooms3+2
  • Bathrooms2
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

TURNKEY 5-BEDROOM STUDENT RENTAL | $3,500/MONTH RENTAL INCOME | 55' x 150' LOT | PRIME ST. CATHARINES LOCATION Rare opportunity to own a beautifully maintained, income-producing property in one of St. Catharines' most desirable neighbourhoods. Currently leased to five excellent student tenants generating $3,500/month in rental income, this property offers investors the opportunity to step into an established, income-producing rental with tenants already in place. The home itself is exceptionally appealing, featuring a spacious layout, updated kitchen and bathroom, generous bedrooms, a separate entrance and an enormous 55' x 150' lot-a combination that is increasingly difficult to find. The property is located in a quiet, attractive residential neighbourhood while remaining conveniently close to schools, shopping, transit and amenities. Five-bedroom student rentals in this location are highly sought after, making this an excellent option for an investor looking for an established rental rather than starting from scratch. The current lease runs through April, providing immediate occupancy and predictable rental income. The massive lot is an additional standout feature, offering exceptional outdoor space and potential long-term upside, subject to municipal approvals and zoning. Whether you're looking for a turnkey student rental, a long-term investment or a property with future potential, this one deserves a closer look. Strong rental demand + established tenants + $3,500/month income + exceptional lot + desirable neighbourhood. A compelling investment opportunity. Don't miss this opportunity to add a well-maintained, income-producing property to your portfolio. (id:7434)

General Features

Property Type Single Family
CommunityName 460 - Burleigh Hill
Building Age 51 to 99 years
Building Architectural Style Bungalow
Building Basement Features Separate entrance
Building Cooling Type Central air conditioning
Location Description Cross Streets: Burleigh/ Glendale. ** Directions: Burleigh/Glendale.
Parking Space Total 3
Foundation Type Block
Building Type House
Ownership Type Freehold
Building.StoriesTotal 1

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Building Heating Fuel Natural gas
Basement Development Finished
Basement Type N/A, N/A (Finished)
Construction Style Attachment Detached
Living Area Range 700
Bedrooms 3+2

Exterior Features

Sewer Sanitary sewer
Exterior Finish Brick Veneer

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in L2T 2V8

Price
AVG $460K
$580K

Your Agent

Gurjot Randhawa

Sales Representative

647-684-0067


Listing provided by Gurjot Randhawa, Sales Representative, REMAX Gold Realty Inc

Listed By
ROCK STAR REAL ESTATE INC.

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