108 Queenston Street, St. Catharines, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of 450 - E. Chester. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $649,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 8 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 40 x 102.2 ft lot
- Features a finished, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Separate Hydro Meter
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric
Description
Prime turnkey investment opportunity in a highly desirable central St. Catharines location, situated in the vibrant Queenston neighbourhood. This fully tenanted fourplex offers immediate, reliable cash flow with a total monthly rental income of $4,930 (Unit 1: $1,250; Unit 2: $1,280; Unit 3: $1,100; Unit 4: $1,300). The property features four fully renovated, self-contained units, each with a separate entrance, including a spacious 2-bedroom basement suite. Extensively updated throughout, with improvements including newer wiring, plumbing, windows, and siding, along with durable laminate and ceramic flooring. All four units are equipped with updated 4-piece bathrooms finished in ceramic tile. Each unit offers a bright, functional eat-in kitchen with updated cabinetry and countertops, while select units benefit from the added convenience of in-suite laundry. Separately metered for efficiency and ease of management, this property is ideally positioned within walking distance to public transit, schools, local shops, and dining, with quick access to the QEW and major commuting routes. An excellent opportunity for investors seeking a well-maintained, income-generating asset in a growing and accessible location. Some photos have been virtually staged.
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Property Summary
This multiplex located at 108 Queenston Street, St. Catharines is currently for sale and has been available on SousaSells for 101 days. This property is listed at $649,900 with an estimated mortgage of $2,163* per month. It has 8 beds, 4 bathrooms, and is 2000-2500 square feet. 108 Queenston Street, St. Catharines is in the 450 - E. Chester neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
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Interior Features
Separate Hydro Meter
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 108 Queenston Street, St. Catharines, ON L2R 2Z3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in St. Catharines, ON
For a property listed at $649,900 in St. Catharines, the legal minimum down payment is $39,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,473 for this transaction. As this listing is in St. Catharines (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.