123 A&B First Street Louth N/A, St. Catharines

Price: $1,099,900

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Multi-Family

MLS#: X13633776

A truly one-of-a-kind offering in the highly sought-after Grapeview neighbourhood! This rare property features two semi-detached backsplit homes under one ownership, creating an exceptional opportunity for multi-generational living, extended families, or those seeking a unique and versatile living arrangement. Together, the homes offer 4 bedrooms plus 2 dedicated dens/offices, 2 family rooms and 4 full bathrooms, providing generous space and flexibility for today's lifestyles. Situated on a corner lot each residence enjoys its own private entrances facing 2 different streets each having a separate driveway, and attached garage (a single & a 1 1/2 car), allowing for independence while remaining conveniently connected. Another bonus is the shared inground pool with pergola, outside lower level entry close to washroom access, 2 large sheds, combination privacy fencing & iron fencing all surrounded by a lush mature landscape. Ideally located, you'll be just minutes from excellent schools, parks, highway access, major shopping, and the hospital. Enjoy the best of both worlds with nearby roadside markets offering fresh local produce, while still being close to every urban convenience .Properties with this distinctive configuration are exceptionally rare. Whether you're accommodating multiple generations under one ownership or simply looking for a home that offers unmatched flexibility, this is a unique opportunity you won't want to miss.

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$1,099,900 - 123 A&B First Street Louth N/A, St. Catharines

Multi-Family for Sale in St. Catharines

Neighbourhood: 453 - Grapeview

4Beds
4Baths
2,000 - 2,499Sq Ft
Multi-Family
Property Details
MLS Number
X13633776
Property Type
Multi-Family
Status
active
Days on Site
20
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
St. Catharines
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Description

A truly one-of-a-kind offering in the highly sought-after Grapeview neighbourhood! This rare property features two semi-detached backsplit homes under one ownership, creating an exceptional opportunity for multi-generational living, extended families, or those seeking a unique and versatile living arrangement. Together, the homes offer 4 bedrooms plus 2 dedicated dens/offices, 2 family rooms and 4 full bathrooms, providing generous space and flexibility for today's lifestyles. Situated on a corner lot each residence enjoys its own private entrances facing 2 different streets each having a separate driveway, and attached garage (a single & a 1 1/2 car), allowing for independence while remaining conveniently connected. Another bonus is the shared inground pool with pergola, outside lower level entry close to washroom access, 2 large sheds, combination privacy fencing & iron fencing all surrounded by a lush mature landscape. Ideally located, you'll be just minutes from excellent schools, parks, highway access, major shopping, and the hospital. Enjoy the best of both worlds with nearby roadside markets offering fresh local produce, while still being close to every urban convenience .Properties with this distinctive configuration are exceptionally rare. Whether you're accommodating multiple generations under one ownership or simply looking for a home that offers unmatched flexibility, this is a unique opportunity you won't want to miss.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,865.23/mo

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5%20%50%

5-yr fixed avg.

Principal: $879,920Interest: $579,649
Mortgage Amount$879,920
Total Interest$579,649
Est. Property Tax$779/mo
Total Cost$1,459,569

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: 453 - Grapeview

Discover 453 - Grapeview

453 - Grapeview is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 453 - Grapeview

  • Convenient location in St. Catharines
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

453 - Grapeview offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

123 A&B First Street Louth N/A, St. Catharines

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$779
Insurance (est.)-$229
Net Cash Flow+$2,292

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $550/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 20 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to St. Catharines. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About 453 - Grapeview

I know 453 - Grapeview well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: St. Catharines properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    123 A&B First Street Louth N/A | $1,099,900 | Battaglia Team