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123 JACOBSON AVENUE, St. Catharines (Glendale/Glenridge) — listed at $519,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 6 x 3.3 meters |
| Kitchen | Main level | 3.6 x 3.6 meters |
| Bedroom | Main level | 3.6 x 3.2 meters |
| Bedroom 2 | Main level | 3.6 x 2.5 meters |
| Bathroom | Main level | 2.6 x 1.7 meters |
| Bedroom 3 | Basement | 3.6 x 2.3 meters |
| Bedroom 4 | Basement | 4.4 x 2.9 meters |
| Bedroom 5 | Basement | 4.9 x 2.6 meters |
| Bathroom | Basement | 1.7 x 1.7 meters |
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
Is 123 JACOBSON AVENUE a good fit for a growing family?+
With 5 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office.
What's the parking situation?+
This property includes 3 spaces — No Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,780, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is this a good starter home?+
At $519,900, this is priced in starter-home territory for St. Catharines (Glendale/Glenridge). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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