$519,900
For sale: Detached

Here's a turn-key student rental in one of the most convenient locations you could ask for! Just steps from the Pen Centre and surrounded by shopping, restaurants, everyday amenities and public transit, 123 Jacobson Avenue puts students right where they want to be, with Brock University just minutes away. This well-maintained bungalow offers 5 bedrooms, 2 full bathrooms and a practical layout designed for comfortable off-campus living. The property is fully rented, with all tenants on one lease running through April 30, 2027, currently generating $3,246 per month, inclusive. Professionally managed and consistently in demand, this is a straightforward opportunity for an investor looking to step into an established rental and start collecting revenue from day one. Inside, the main level features hardwood flooring, while the lower level has been updated with new vinyl plank flooring. The basement bedrooms each feature egress windows, and the home offers good-sized bedrooms, functional common areas and a separate rear entrance. Outside, there's ample driveway parking along with additional free street parking. With its proximity to Brock University, transit and one of St. Catharines' largest shopping and amenity hubs, the location is a major part of what makes this property work so well as a student rental. A solid addition to an investment portfolio with tenants and professional management already in place. 24 hours notice required for all showings.
Sold data
Homes in Glendale Glenridge took a median of 31 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 60, across 88 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $599,900.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 88 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
St. Catharines (Glendale/Glenridge) has 47 Fraser Institute–rated schools (38 elementary and 9 secondary), averaging 7.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
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