18 Masterson Drive
461 - Glendale/Glenridge, St. Catharines, L2T 3P1
FOR SALE
$639,900

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6
BEDROOMS2
BATHROOMS2
KITCHENS14
ROOMSX12783388
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Property Description
Welcome to 18 Masterson Drive, a turnkey, income-producing investment property ideally located on a quiet cul-de-sac in the highly desirable Glenridge neighbourhood of St. Catharines, just minutes from Brock University. Purpose-built for student housing, this spacious bungalow offers 6 bedrooms, 2 full bathrooms, and 2 kitchens, delivering strong rental efficiency and consistent demand. The well-designed layout features generous bedroom sizes across both levels, abundant natural light, and a fully utilized lower level that maximizes income potential. The property's configuration supports stable cash flow while offering long-term upside in one of Niagara's most reliable student rental markets. Positioned close to Brock University, Pen Centre Mall, public transit, parks, and major highways, the location remains a top choice for tenants year after year. Set on a low-traffic cul-de-sac, the home benefits from both tenant appeal and neighbourhood stability. Sold strictly as an investment property with tenants in place, 18 Masterson Drive presents a rare opportunity to acquire a fully leased asset in a proven rental pocket.
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Nearby Intersections
Property Features
Cul de Sac/Dead End, Golf, Hospital, Park, Public Transit, Rec./Commun.Centre, In-Law Capability, Water Heater, Front Yard Parking, Smoke Detector
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Property Details
Address
18 Masterson Drive
Community
City
Postal Code
L2T 3P1
Property Type
Detached, Detached
Lot Size
60' x 100'
Acreage
6,000.0 Feet
Taxes
$5,076 (2025
Basement
Full, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
Attached
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Listing contracted with Coldwell Banker Community Professionals
Great Investment opportunity. Extensively renovated duplex with major updates throughout! Features include new roof, fresh stucco exterior, and full new front and back decks (needs finishing). All new windows installed plus brand-new heat pumps on both upper and lower levels. Main floor unit has 3 bedrooms and 2 full bathrooms and upper unit 2 bedrooms with 4 pc. bath. Interior upgrades include new ceramic and hardwood flooring, updated plumbing and electrical, new kitchen cupboards in both units (needs finishing), three newly installed bathrooms (need finishing). Mutual driveway access to double car garage. A fantastic opportunity to own a property with significant improvements already completed - perfect for finishing touches to make it your own! Note: Property being sold in 'as is'. Buyers to conduct their own due diligence regarding the property/permits.
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