Welcome to 18 Masterson Drive, a turnkey, income-producing investment property ideally located on a quiet cul-de-sac in the highly desirable Glenridge neighbourhood of St. Catharines, just minutes from Brock University. Purpose-built for student housing, this spacious bungalow offers 6 bedrooms, 2 full bathrooms, and 2 kitchens, delivering strong rental efficiency and consistent demand. The well-designed layout features generous bedroom sizes across both levels, abundant natural light, and a fully utilized lower level that maximizes income potential. The property’s configuration supports stable cash flow while offering long-term upside in one of Niagara’s most reliable student rental markets. Positioned close to Brock University, Pen Centre Mall, public transit, parks, and major highways, the location remains a top choice for tenants year after year. Set on a low-traffic cul-de-sac, the home benefits from both tenant appeal and neighbourhood stability. Sold strictly as an investment property with tenants in place, 18 Masterson Drive presents a rare opportunity to acquire a fully leased asset in a proven rental pocket. (id:15069)
| MLS® Number | 40804814 |
| Property Type | Single Family |
| Amenities Near By | Golf Nearby, Hospital, Public Transit, Schools, Shopping |
| Community Features | Community Centre |
| Equipment Type | Water Heater |
| Features | Cul-de-sac, Conservation/green Belt, Automatic Garage Door Opener |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 6 |
| Appliances | Dishwasher, Dryer, Freezer, Refrigerator, Stove, Washer, Microwave Built-in, Garage Door Opener |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1954 |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 2,363 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| Attached Garage |
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Golf Nearby, Hospital, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 60 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R1 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | 3pc Bathroom | Measurements not available | ||
| Basement | Laundry Room | 14'2'' x 10'7'' | ||
| Basement | Bedroom | 14'8'' x 7'5'' | ||
| Basement | Bedroom | 11'8'' x 10'0'' | ||
| Basement | Bedroom | 9'10'' x 13'2'' | ||
| Basement | Kitchen | 18'8'' x 13'7'' | ||
| Basement | Living Room | 19'2'' x 13'2'' | ||
| Main Level | 4pc Bathroom | 7'9'' x 4'10'' | ||
| Main Level | Bedroom | 11'4'' x 8'9'' | ||
| Main Level | Bedroom | 11'4'' x 12'8'' | ||
| Main Level | Primary Bedroom | 14'8'' x 17'11'' | ||
| Main Level | Kitchen | 17'1'' x 10'9'' | ||
| Main Level | Living Room | 20'8'' x 11'6'' | ||
| Main Level | Foyer | 5'9'' x 3'10'' |
https://www.realtor.ca/real-estate/29354052/18-masterson-drive-st-catharines
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