32 Garnet St

FOR SALE
$649,900
32 Garnet St, St. Catharines
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4
BEDROOMS
2
BATHROOMS
2
KITCHENS
8
ROOMS
X8164196
MLSID
Contact Us
Property Description
Welcome to your ideal investment opportunity! This turnkey 2-unit property boasts recent renovations and is located in the heart of St. Catharines!. Offering hassle-free ownership for income generation and/or savvy house hacking. Live in one unit, rent out the other, and watch your investment grow. Perfectly situated for homeowners or tenants with easy access to major cities in the Golden Horseshoe. Don't miss out on this prime real estate gem! The main unit is a 2 bedroom, 1 bathroom fully updated turn-key unit with market potential rent of $2100 plus utilities. The upper unit is a cozy 2 bedroom 1 bathroom fully updated unit with market potential rent of $1650 plus utilities. Separate hydrometers. Long list of updates including fire safety with fire separation between units, safe and sound insulation, resilient channel, Tyvek drywall and interconnected smoke alarms. Roof, Windows, Plumbing, Siding, Electrical, Furnace approx. 2014. A/C and Tankless HWH - 2021.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-21 2024-04-22 32 $674,900 - Suspended
2022-05-03 2022-06-24 52 $674,999 - Terminated
2022-04-30 2022-05-25 25 $699,922 - Terminated
2022-05-03 2022-05-21 20 $714,900 - Suspended
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
34' x 113'
Fronting
South
Taxes
$2,966 (2023)
Basement
Full, Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain14.24' x 13.48'
KitchenMain12.83' x 9.84'
BrMain9.51' x 9.84'
BrMain10.60' x 9.84'
Kitchen2nd8.50' x 9.91'
Living2nd12.34' x 10.76'
Br2nd9.74' x 10.93'
Br2nd11.52' x 6.76'
St. Catharines Market Statistics
St. Catharines Price Trend
32 Garnet St is a 4-bedroom 2-bathroom home listed for sale at $649,900, which is $170,100 (20.7%) lower than the average sold price of $820,000 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 4 bedroom home in St. Catharines increased by $7,081 (0.9%) compared to the previous 30 day period (February 26 - March 26) and down $2,461 (0.3%) from the same time one year ago.
Inventory Change
There were 24 4-bedroom homes listed in St. Catharines over the last 30 days (March 27 - April 25), which is up 20.0% compared with the previous 30 day period (February 26 - March 26) and up 84.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in St. Catharines typically sold ($24,000) (2.9%) below asking price over the last 30 days (March 27 - April 25), which represents a $6,358 decrease compared to the previous 30 day period (February 26 - March 26) and ($23,153) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in St. Catharines over the last 30 days (March 27 - April 25) stood at 45.8%, down from 70.0% over the previous 30 days (February 26 - March 26) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in St. Catharines stood at 29 days when successfully sold over the last 30 days (March 27 - April 25), compared to 76 days before being removed from the market upon being suspended or terminated.
Listing contracted with Rock Star Real Estate Inc.
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