18 MASTERSON Drive, St. Catharines, Ontario, L2T3P1

Property Description

Welcome to 18 Masterson Drive, a turnkey, income-producing investment property ideally located on a quiet cul-de-sac in the highly desirable Glenridge neighbourhood of St. Catharines, just minutes from Brock University. Purpose-built for student housing, this spacious bungalow offers 6 bedrooms, 2 full bathrooms, and 2 kitchens, delivering strong rental efficiency and consistent demand. The well-designed layout features generous bedroom sizes across both levels, abundant natural light, and a fully utilized lower level that maximizes income potential. The property’s configuration supports stable cash flow while offering long-term upside in one of Niagara’s most reliable student rental markets. Positioned close to Brock University, Pen Centre Mall, public transit, parks, and major highways, the location remains a top choice for tenants year after year. Set on a low-traffic cul-de-sac, the home benefits from both tenant appeal and neighbourhood stability. Sold strictly as an investment property with tenants in place, 18 Masterson Drive presents a rare opportunity to acquire a fully leased asset in a proven rental pocket. (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Style: Bungalow
• Bedrooms: 6 (3 above, 3 below)
• Bathrooms: 2
• Living Area: 2,363 sq ft (219.5 m²)
• Above Grade: 1,271 sq ft (118.1 m²)
• Below Grade: 1,092 sq ft (101.5 m²)
• Year Built: 1954
• Ownership: Freehold
• Attached: No
• Fireplaces: 1
• Parking: 4 spaces (Attached Garage)
• Frontage: 60 ft (18.3 m)

Costs

• Annual Taxes: $5,076.15

Listing Provided by: Coldwell Banker Community Professionals
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.