250 Oakdale Avenue St. Catharines, Ontario L2P 2K6

$499,900

Exceptional opportunity to own a fully tenanted, high-performing investment property in the heart of St. Catharines, just minutes from Brock University and conveniently located on a major public transit route. This well-maintained home features 6 spacious bedrooms, 3 full bathrooms, and 2 functional kitchens, offering excellent flexibility for student housing or multi-family rental use. Recent updates include a brand-new front porch and an expansive rear deck, enhancing both curb appeal and tenant lifestyle. Situated on a generous 40' x 130' lot, the property offers 6 dedicated parking spaces — a rare and valuable feature in this high-demand rental corridor. With strong existing rental income and consistent tenant demand, this is a truly turnkey opportunity for investors seeking reliable cash flow and long-term growth. Currently generating $3,600/month in rental income plus an additional $50 per parking space, this property offers immediate cash flow with upside potential. All tenants are on month-to-month leases and are willing to stay or you have the opportunity to re-lease at higher current market rates to further increase returns. An ideal hands-off investment or value-add opportunity in a high-demand rental area. Whether you’re expanding your portfolio or entering the rental market, this property checks all the boxes: location, income, and future potential. (id:43681)

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https://www.realtor.ca/real-estate/28433094/250-oakdale-avenue-st-catharines