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Unit 309 at Grenadier Place

For Sale

162 MARTINDALE Road 309, St. Catharines, ON L2S 3S4

MLS #X9414707

$509,900

Listed Price

About This Property

The price is right! This 2 bedroom, 2 bath unit in sought after Grenadier Place, is simply wonderful. Your spirit soars from all the natural light streaming in from the expansive floor to ceiling windows. The layout flows well and is an ideal size to entertain family and friends. The Living room/dining room is large and opens to a delightful Solarium to enjoy and use as a quiet space, reading room or office. The Kitchen boasts ample cabinetry and counterspace with stainless steel appliances. The Primary Bedroom is a sanctuary with lots of closet space, a private ensuite bath, whirlpool tub and storage. The 2nd Bedroom can double as a den and there is a 4 pc bath nearby. Laundry is a breeze in the good size laundry room with lots of extra storage space. The unit is carpet free with both hardwood and quality laminate flooring. The building itself has undergone extensive renovations to the common areas. the list of amenities is long and includes an indoor salt water pool, hot tub, sauna, gym, workshop, library, games and party room, library, BBQ station, assigned underground parking and storage locker, car wash station and plenty of visitor parking. There is even a guest suite available to rent for guests. The grounds are beautifully kept and the location couldn't be better! Its close to great shopping, restaurants, the hospital, QEW and Hwy 406. The condo fees are affordable and cover all the utilities. The unit is currently leased for 1 year with AAA tenants. Its ideal for an investor who wants to avoid the hassle of finding a tenant. If you want to take advantage of this great value, but want to move in later, this is a great opportunity to collect rent and secure your condo for the future.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1027/mo) and property tax ($3,970/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$403/sqft
453 - Grapeview
$294/sqft+37%
St. Catharines
$343/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1265 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

1200-1399 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeReserved/Assigned
LockerYes
Heating TypeForced Air
StyleOther
Ensuite LaundryYes
MLS Size1200-1399
Listed OnSep 24, 2024
Maintenance Fees$1,027/month
Property Tax$3,970/year

Rooms

NameSize (m)Size (ft)Features
Great Room(Main)5.79 x 4.3719.0 x 14.3-
Kitchen(Main)3.17 x 2.8210.4 x 9.3-
Primary Bedroom(Main)5.79 x 3.6619.0 x 12.0-
Laundry(Main)1.65 x 1.255.4 x 4.1-
Bedroom(Main)5.18 x 3.1517.0 x 10.3-
Sunroom(Main)1.6 x 4.275.2 x 14.0-
Bathroom(Main)---
Laundry(Main)1.63 x 1.475.3 x 4.8-

Unit 309 History

Complete transaction history for this unit

Leased

Leased: Nov 30, 2024

$2,500/mo

10 days on marketLease
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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameGrenadier Place
Address162 Martindale Road, St. Catharines
Parking TypeReserved/Assigned

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About Unit 309 at Grenadier Place

Unit 309 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 1200-1399 square feet located at Grenadier Place, 162 Martindale Road, St. Catharines. This unit is currently for sale at $510K.

About Grenadier Place

Grenadier Place is located at 162 Martindale Road, St. Catharines. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

453 - Grapeview Neighbourhood

This unit is located in 453 - Grapeview, part of St. Catharines in the Niagara area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Grenadier Place, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 309 Grenadier Place St. Catharines

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