$519,900 - 123 Jacobson Avenue, St. Catharines
Detached for Sale in St. Catharines
Neighbourhood: 461 - Glendale/Glenridge
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- MLS Number
- X13791218
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- St. Catharines
- Taxes (2025)
- $3,780
- Listing Brokerage
- EXP REALTY
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.
Estimate your monthly payments for this property
Estimated Payment
$2,667.36/mo
Includes CMHC insurance ($14,505)
5-yr fixed avg.
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.
Discover 461 - Glendale/Glenridge
461 - Glendale/Glenridge 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 461 - Glendale/Glenridge
- •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
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
461 - Glendale/Glenridge 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.
123 Jacobson Avenue, St. Catharines
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $743/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 21 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.
Detached Home Advantages
Detached homes in St. Catharines are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in St. Catharines.
About 461 - Glendale/Glenridge
I know 461 - Glendale/Glenridge 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.