261 Grantham Ave

This fully renovated duplex, updated in 2015, blends modern conveniences with timeless character. Both units boast spacious eat-in kitchens, featuring exposed brick accents and a sleek, contemporary design. The main floor unit, accessed from the rear, includes a kitchen, living/dining room, and a primary bedroom with ensuite access to a four-piece bath. The finished lower level, currently used as a rec room, could serve as a second bedroom or den and includes a laundry area with an additional toilet. The upper unit, accessed from the front, offers a modern kitchen with a dining area ideal for entertaining, a second bedroom, a spacious living room with a cozy nook for a pet bed, and a three-piece bath with a walk-in shower. A beautifully finished attic, accessed by an open staircase, serves as a loft-style bedroom. Both units come with in-unit laundry and private outdoor spaces. A double car garage provides each tenant with an indoor and outdoor parking space, along with ample additional parking in the single driveway. Hydro is separately metered.

Ultimate Investment Property Located In The Sought-After Fitzgerald Neighbourhood! This Legal Duplex Is Set Up For Success With Separate Gas, Hydro And Entrances. The Main Floor Unit Has 3 Bed, 1 Bath, Kitchen, Laundry, 100 Amp Panel, Gas Furnace (2018), Rental Hwt, And Separate Hydro Meter. Second Floor Unit Has 2 Bed, 1 Bath, Kitchen With Skylight And Stackable Laundry, 100 Amp Panel, Electric Hot Water Heater Owned (2015), And Separate Hydro Meter. The Second-Floor Unit Also Has Access To A 19 X 8 Deck And Skylight In Second Bedroom. Upgrades Around The Property Include Siding, Capping, Porch Decking, Insulation, Main Sewer Line And More! 4-Minute Walk To St. Catharines Collegiate, Close To Shopping, Downtown, Parks, And Hwy Access. Currently Tenanted With AAA+ Tenants! Market Rent For Main Floor Is $1895 + Gas/Hydro & Upper Unit Is $1595 + Gas/Hydro.

This property is in a great central location to all amenities, close to schools, highway access and the GO. This side by side duplex is ready to rent out and you can finish the basement to be a 3rd unit. Currently the property has an open & approved permit to convert the basement to a 3rd unit, creating a triplex. This is a great opportunity to increase the income generated by adding a 3rd unit. The two units can come with or without tenants, we can discuss the options available for an easy purchase and transition, If you're looking for a simple and profitable opportunity, don't let this go to another buyer.

Investors looking for a great property in St. Catharines shouldn't miss this unique offering. This multi-unit residence boasts a legal duplex and an extra auxiliary suite in the basement, providing exceptional potential for rental income. Situated in the heart of the city, close to shopping and public transit, the location guarantees strong tenant interest. The flexible layout caters to various needs, with a one-bedroom suite in the lower level, a spacious three-bedroom unit on the main floor, and an additional upper unit with two bedrooms. Completing the package is a large, fenced yard and a detached garage, offering ample outdoor space and parking for tenants. This property presents a fantastic opportunity to own a lucrative multi-unit investment in a desirable St. Catharines location.