43 YORK STREET, St. Catharines (Downtown)

$398,500

For sale: Multiplex

Multiplex at 43 YORK STREET, St. Catharines (Downtown)
Property type
Duplex
Bedrooms / bathrooms
6 bedrooms, 5 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13721904
Neighbourhood
451 - Downtown

LEGAL DUPLEX - VACANT UPPER UNIT - EXCELLENT INVESTMENT OPPORTUNITY. Excellent opportunity to own a legal duplex in an established St. Catharines neighbourhood offering immediate rental income and strong future income potential. The main floor and lower level are occupied by great long-term tenants, providing reliable income from day one. The vacant second-floor unit gives the new owner the flexibility to select their own tenant and establish current market rent, creating an attractive opportunity to maximize overall income. For an owner-occupier, move into the vacant upper unit while benefiting from substantial rental income from the existing tenanted portion to help offset mortgage and carrying costs. The property features two self-contained units with separate private entrances and separate hydro meters. Additional features include an updated kitchen, coin laundry, private driveway, and front and rear decks. Conveniently located in the established Haig Street neighbourhood within walking distance of downtown St. Catharines, shopping, restaurants, entertainment and public transit. With legal duplex status, established tenants, a vacant upper unit, separate hydro meters, and strong income potential, this is a compelling opportunity for investors and owner-occupiers alike.

Sold data

Homes in Downtown — recent sold market

Homes in Downtown took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 50, across 34 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.

The median sale price was $489,950.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 29% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$489,950
Sale-to-list ratio
96.3%
Sold above asking
6%

Based on 34 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in St. Catharines (Downtown)

St. Catharines (Downtown) has 47 Fraser Institute–rated schools (38 elementary and 9 secondary), averaging 7.3/10.

Rated schools
47
Elementary
38
Secondary
9
Average rating
7.3 / 10

Top-rated schools in St. Catharines (Downtown)

  • Applewood — elementary, St. CatharinesFraser rating 10.0/10
  • Gracefield — elementary, St. CatharinesFraser rating 10.0/10
  • Burleigh Hill — elementary, St. CatharinesFraser rating 9.9/10
  • Oakridge — elementary, St. CatharinesFraser rating 9.6/10
  • Power Glen — elementary, St. CatharinesFraser rating 9.5/10
  • Westdale — elementary, St. CatharinesFraser rating 9.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 43 YORK STREET