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626

MLS® X14160128

  • Property Details
  • Rooms
  • Map

Description

EXCEPTIONAL INVESTMENT & DEVELOPMENT OPPORTUNITY - 6-BEDROOM HOME GENERATING $4, 750 MONTHLY WITH POTENTIAL FOR UP TO 24 RESIDENTIAL UNITS! Welcome to 331 Queenston Street, St. Catharines, an outstanding income-producing property offering an exceptional combination of immediate cash flow, generous lot size and exciting future development potential. Currently generating $4, 750 MONTHLY ($57, 000 ANNUALLY) in gross rental income, this spacious three-storey home sits on an impressive lot extending approximately 305 FEET DEEP, offering a rare opportunity for investors, builders and developers. With zoning permitting the potential development of UP TO 24 RESIDENTIAL UNITS, subject to municipal approvals and development requirements, this property presents significant possibilities for future intensification while generating rental income today. The existing residence features 6 generously sized bedrooms, 2 full bathrooms and an abundance of functional living space across three levels. The main floor offers a spacious living room, a well-appointed kitchen equipped with a gas stove, refrigerator and dishwasher, two bedrooms, convenient main-floor laundry and an inviting enclosed porch. The second level features three additional bedrooms and a four-piece bathroom, while the third floor offers a spacious loft-style sixth bedroom complete with vaulted ceilings, exposed architectural beams and built-in storage. Throughout the home, you'll appreciate the character of the original wood trim, attractive flooring, generous room sizes and functional layout. (id:58753)Show Description

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Yes
Taxes $5,087
Days Active 1
MLS® Number X14160128
Central VacNo
FireplaceNo
GarageYes
BasementFull
DrivewayNo Garage
HeatNatural gas

Additional Information

Siding Wood Siding, Brick
Sewage System Other
Landscaping Carpet Free

Rooms

Show Details
RoomDimensionsLevel
RoomBedroom 1Dimensions8.63 × 2.71 ftLevelUpper Level
RoomBedroom 4Dimensions5.67 × 3.17 ftLevelSecond Floor
RoomOtherDimensions3.51 × 4.05 ftLevelMain Floor
RoomBedroom 3Dimensions3.41 × 3.2 ftLevelSecond Floor
RoomBedroom 5Dimensions3.26 × 3.48 ftLevelSecond Floor
RoomKitchenDimensions3.19 × 3.96 ftLevelMain Floor
RoomOtherDimensions5.3 × 2.4 ftLevelMain Floor
RoomLaundryDimensions2.38 × 3.95 ftLevelMain Floor
RoomOtherDimensions3.12 × 1.55 ftLevelMain Floor
RoomBathroom 1Dimensions2.11 × 1.89 ftLevelSecond Floor
RoomBedroom 2Dimensions4.12 × 3.4 ftLevelMain Floor
RoomLiving RoomDimensions6.83 × 3.96 ftLevelMain Floor

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

Home Appraisal

This property is estimated to sell between: $555,000 and $698,000.
Similar properties in this area sold on average for: $555,500
Expected to sell in 13 days. Similar properties sold in 14 days. This home has been on eXp Realty for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
331 Queenston St, St Catharines, ON

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