42 Vine Street, St. Catharines, ON L2R 3X8

$539,900
5
BD
2
BA
1,100
SqFt

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List Price
$539,900
MLS#
X12994558
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
1 1/2 Storey
Bedrooms
5
Bathrooms
2
Living Area
1100-1500
Province
ON
Municipality
St. Catharines
Area
Niagara
Neighborhood
450 - E. Chester
Subdivision
Queenston Street And Welland Ave

Property Description

Welcome to 42 Vine Street, an excellent opportunity to secure a duplex in a transitioning area of St. Catharines poised for future growth. Located near the former hospital site, this property is ideally positioned to benefit from the area's anticipated redevelopment and long-term revitalization.As the surrounding neighbourhood evolves, this location presents a compelling case for investors looking to get in ahead of continued change. With increasing focus on land use, redevelopment, and housing demand, this pocket of the city is expected to see renewed interest and upward pressure on property values over time.The property itself offers two self-contained units with existing rental income in place. This is a smart buy-and-hold opportunity for investors who understand the impact of redevelopment and are looking to position themselves early. The combination of an improving location, steady rental demand, and the ability to add value makes 42 Vine Street a strategic addition to any portfolio.Secure your investment in an area with a promising future, 42 Vine Street offers both immediate income and long-term potential.

Additional Information

Taxes
$2,715
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
None
Lot Depth
128
Kitchens
2
Exterior
Vinyl Siding
Waterfront Type
None
Garage Type
None
Pool
None
Parking Spaces
2
Parking Type
Private Double

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Calculator source: Real Geeks

Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE.