Property Attributes
- MLS#X14160128
- TypeSingle Family
- Listing Status New
- CitySt. Catharines
- Area450 - E. Chester
- Neighbourhood450 - E. Chester
- Postal CodeL2P 2X8
- Style2-Storey
- Taxes$ 5087
- Price$ 649,999
- Bedrooms6
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1500-2000
Data Source:
Toronto Real Estate Board (TRREB)
Property Description
EXCEPTIONAL INVESTMENT & DEVELOPMENT OPPORTUNITY - 6-BEDROOM HOME GENERATING $4,750 MONTHLY WITH POTENTIAL FOR UP TO 24 RESIDENTIAL UNITS! Welcome to 331 Queenston Street, St. Catharines, an outstanding income-producing property offering an exceptional combination of immediate cash flow, generous lot size and exciting future development potential. Currently generating $4,750 MONTHLY ($57,000 ANNUALLY) in gross rental income, this spacious three-storey home sits on an impressive lot extending approximately 305 FEET DEEP, offering a rare opportunity for investors, builders and developers. With zoning permitting the potential development of UP TO 24 RESIDENTIAL UNITS, subject to municipal approvals and development requirements, this property presents significant possibilities for future intensification while generating rental income today. The existing residence features 6 generously sized bedrooms, 2 full bathrooms and an abundance of functional living space across three levels. The main floor offers a spacious living room, a well-appointed kitchen equipped with a gas stove, refrigerator and dishwasher, two bedrooms, convenient main-floor laundry and an inviting enclosed porch. The second level features three additional bedrooms and a four-piece bathroom, while the third floor offers a spacious loft-style sixth bedroom complete with vaulted ceilings, exposed architectural beams and built-in storage. Throughout the home, you'll appreciate the character of the original wood trim, attractive flooring, generous room sizes and functional layout.
| Price History | |
|---|---|
| 11/7/2026 | Listed $649,999 |
General Features
| Sewer | Sewer |
|---|---|
| Cooling | Other |
| Roof | Metal |
| Architectural Style | 2-Storey |
| Pool Features | None |
| Construction Materials | Brick,Wood |
| Heater Type | Water |
| Parking Spaces | 6 |
| Property Subtype | Detached |
| Tax Year | 2025 |
| Lot Depth | 325.84 |
| County | Niagara |
| New Construction | No |
| Property Type | Residential Freehold |
| Attached Garage | No |
| Facing Direction | South |
| Garage Y/N | No |
| Status | New |
| City | St. Catharines |
| Senior Community Y/N | No |
| Lot Size Units | Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 5087.0 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Legal Description | PT LT 12 CON 7 GRANTHAM AS IN RO734931,EXCEPT PT 1 30R8978,S/T RO734931; S/T GRN34564; ST. CATHARINES |
Interior Features
| Interior Amenities | Carpet Free |
|---|---|
| Basement | Full |
| Heat Source | Gas |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Total Bedrooms | 6 |
| Elevator? | No |
| Total Baths | 2 |
| Bedrooms | 6 |
| Living Area Range | 1500-2000 |
Exterior Features
| Parking Features | Private Double |
|---|---|
| Total Parking | 6.0 |
| Garage Type | None |
| Foundation Details | Concrete |
| Spa | No |
| Lot Size Source | Other |
| Waterfront Y/N | No |
| Covered Spaces | 0.0 |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Toronto Real Estate Board (TRREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Toronto Real Estate Board (TREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested