$578,000 - 25 Warkdale Drive, St. Catharines
Detached for Sale in St. Catharines
72 days on marketNeighbourhood: 460 - Burleigh Hill
- MLS Number
- X13440330
- Property Type
- Detached
- Status
- active
- Days on Site
- 72
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- St. Catharines
- Listing Brokerage
- ROCK STAR REAL ESTATE INC.
TURNKEY 5-BEDROOM STUDENT RENTAL | $3,500/MONTH RENTAL INCOME | 55' x 150' LOT | PRIME ST. CATHARINES LOCATION Rare opportunity to own a beautifully maintained, income-producing property in one of St. Catharines' most desirable neighbourhoods. Currently leased to five excellent student tenants generating $3,500/month in rental income, this property offers investors the opportunity to step into an established, income-producing rental with tenants already in place. The home itself is exceptionally appealing, featuring a spacious layout, updated kitchen and bathroom, generous bedrooms, a separate entrance and an enormous 55' x 150' lot-a combination that is increasingly difficult to find. The property is located in a quiet, attractive residential neighbourhood while remaining conveniently close to schools, shopping, transit and amenities. Five-bedroom student rentals in this location are highly sought after, making this an excellent option for an investor looking for an established rental rather than starting from scratch. The current lease runs through April, providing immediate occupancy and predictable rental income. The massive lot is an additional standout feature, offering exceptional outdoor space and potential long-term upside, subject to municipal approvals and zoning. Whether you're looking for a turnkey student rental, a long-term investment or a property with future potential, this one deserves a closer look. Strong rental demand + established tenants + $3,500/month income + exceptional lot + desirable neighbourhood. A compelling investment opportunity. Don't miss this opportunity to add a well-maintained, income-producing property to your portfolio.
Estimate your monthly payments for this property
Estimated Payment
$2,965.44/mo
Includes CMHC insurance ($16,126)
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 460 - Burleigh Hill
460 - Burleigh Hill 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 460 - Burleigh Hill
- •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
460 - Burleigh Hill 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.
25 Warkdale Drive, 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
Fair Market Value
At $826/sqft, this property is priced in line with current St. Catharines market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 72 days on site, this property has exceeded the typical selling timeline for St. Catharines. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 460 - Burleigh Hill
I know 460 - Burleigh Hill 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.