$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
Detached homes in St. Catharines (Glendale/Glenridge) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 42, across 260 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.
The median sale price was $599,900.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 260 recorded sales in the last 90 days. 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.
Currently for sale

$529,900
Detached46 ANDREA DRIVE, 462 - Rykert/Vansickle, St. Catharines

$595,000
Detached29 GLENGARRY ROAD, 456 - Oakdale, St. Catharines

$599,900
Detached102 TOWNLINE RD. WEST ROAD, 460 - Burleigh Hill, St. Catharines

$599,000
Detached26 BEAMER AVENUE, 441 - Bunting/Linwell, St. Catharines

$589,900
Detached4443 DORCHESTER ROAD, 212 - Morrison, Niagara Falls

$599,000
Detached5113 ST LAWRENCE AVENUE, 210 - Downtown, Niagara Falls

$549,900
Detached6 CEDARDALE AVENUE, 455 - Secord Woods, St. Catharines

$599,999
Detached15 KEEFER ROAD, 558 - Confederation Heights, Thorold