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42 Vine Street St. Catharines, Ontario L2R 3X8

5 Bedroom 2 Bathroom 1100 - 1500 sqft
None Forced Air, Not Known

$539,900

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. (id:61445)

Property Details

MLS® Number X12994558
Property Type Multi-family
Community Name 450 - E. Chester
Features Paved Yard
ParkingSpaceTotal 2

Building

BathroomTotal 2
BedroomsAboveGround 5
BedroomsTotal 5
Age 51 To 99 Years
Appliances Water Meter
BasementDevelopment Unfinished
BasementType Partial (unfinished)
CoolingType None
ExteriorFinish Vinyl Siding
FoundationType Poured Concrete, Stone
HeatingFuel Electric, Natural Gas
HeatingType Forced Air, Not Known
StoriesTotal 2
SizeInterior 1100 - 1500 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 128 Ft
SizeFrontage 36 Ft
SizeIrregular 36 X 128 Ft
SizeTotalText 36 X 128 Ft
ZoningDescription R2

https://www.realtor.ca/real-estate/29600261/42-vine-street-st-catharines-e-chester-450-e-chester

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Jennifer D'amico
Broker


Coldwell Banker Community Professionals
775 Upper Wentworth St
Hamilton, Ontario L9A 4V7

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