For Sale: 59 Parker Street, St. Catharines, ON - REW
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$569,900
3 + 4 bd 3 ba 1100 - 1500 sf House

59 Parker StreetSt. Catharines, ON, L2S 1W1

  • 3 + 4 Bed
  • 3 Bath
  • 1100 - 1500 Sqft
  • House

About this home

Here's your next investment opportunity! This turn-key student rental already generates $4,238.42 per month with 6 tenants on one lease through April 30, 2027, lining up nicely with the typical summer student changeover. Built in 2004, this all-brick raised bungalow offers approximately 2,500 sq. ft. of finished living space and a layout that works extremely well for student living. The home has 7 bedrooms, with the potential for an 8th, plus 2.5 bathrooms, large bedrooms with closets, plenty of storage, and oversized lower-level windows that bring in great natural light. The main floor features an open-concept layout, spacious kitchen, dedicated laundry area and access to the backyard, while the finished lower level includes a second kitchen setup and additional living space. The double-car garage is another major bonus, providing extra storage and additional space for tenants to use. Set on a quiet street, the location checks the right boxes with easy access to Brock University, public transit, downtown amenities, restaurants, shopping and everyday conveniences. The property is professionally managed by a reputable local property management company, making this a straightforward addition to an investment portfolio. With its bedroom count, existing rental income and strong demand for student housing, this property offers income potential that can be difficult to match with a traditional single-family rental. The tenants are already in place, the lease is secured, and the property is set up for its intended use. Whether you're adding to an existing portfolio or looking for your first student rental, this one is worth a closer look. 24 hours' notice is required for all showings.
Listed by: Andrew Kulakowsky, Salesperson, EXP REALTY

Home facts and features

Price details
List Price
Gross Taxes for 2025
$5,705
Home facts
Bedrooms
3 + 4
Full Bathrooms
3
Parking Spaces
6
Parking Details
Private Double
Property Type
House
Lot Size
70 ft x 101 ft (7070 ft²)
Depth
101.0
Frontage
70.0
Year Built
16 - 30 yrs old
Exterior Finish
Brick Veneer
Heating Type
Forced Air, Gas
Cooling
Central Air
Basement Details
Finished
Features
Park, Place Of Worship, Public Transit, School, School Bus Route
Agent details
Primary Agent
Primary Broker
EXP REALTY
Secondary Agent
Secondary Broker
EXP REALTY
Listing details
Days on REW
1 Day
MLS® Number
X13778162
Source
Toronto Real Estate Board
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Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Anthony Catholic Elementary School
  • Catholic
  • JK - 8
St Peter Catholic Elementary School
  • Catholic
  • JK - 8
Oakridge Public School
  • Public
  • JK - 8
Westdale Public School
  • Public
  • JK - 8
Power Glen School
  • Public
  • JK - 8
Denis Morris Catholic High School
  • Catholic
  • 9 - 12
Edith Cavell Public School
  • Public
  • JK - 8
Sir Winston Churchill Secondary School
  • Public
  • 9 - 12
ÉÉC Sainte-Marguerite-Bourgeoys-St.Cath
  • Catholic
  • JK - 8
Burleigh Hill Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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