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Investment signal

$539,900

42 NIAGARA STREET

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for St. Catharines (E. Chester). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 42 Niagara Street, an exceptional opportunity to own a duplex in the heart of St. Catharines' rapidly transforming downtown core. Offered at an attractive price point, this property is ideal for investors seeking strong long-term upside in a market experiencing significant growth and revitalization.Situated just steps from the city's core, this property benefits from ongoing development, infrastructure improvements, and a renewed focus on downtown living. St. Catharines continues to see increased demand for rental housing, making this an excellent time to secure a multi-unit asset in a high-potential location.This duplex features two self-contained units, offering immediate rental income with the flexibility to improve and optimize over time. The property offers a prime downtown location within a designated revitalization area, strong and growing rental demand, and clear value-add potential through rent increases and improvements. It is well suited for both investors looking to expand their portfolio and owner-occupiers who want to offset living costs with rental income.Whether you're expanding your portfolio or entering the investment market, 42 Niagara Street represents a smart buy-and-hold opportunity in a city on the rise.Capitalize on the momentum in downtown St. Catharines and position yourself for future appreciation with this promising duplex investment. (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: 450 - E. Chester
Lot dimensions: 31.1 x 121.5 FT
Bedrooms: 4 above grade
Parking: 2 total
Stories: 2
On market: Apr 14, 2026
Status changed: Apr 24, 2026
Annual tax: $2,254.1
Zoning: M3
Photos: 20
MLS#: X12998440
Area: ST._CATHARINES_(E._CHESTER)

Features and systems

Parking

No Garage

Basement

Partial

Appliances

Water meterTwo stovesTwo Refrigerators

Heating

Forced airElectric

Cooling

None

Exterior

Brick

Foundation

Block

Lot

Carpet Free

Negative cash flow ~$436/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-4.84%

Cap rate

3.90%

GRM

15.5

Break-even rent

$3,359

Financing

Down payment$107,980

Loan amount$431,920

Mortgage$2,188/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$247

Insurance$80

Maintenance$450

CapEx reserve$225

Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,188/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.