St. Catharines, L2T 1J6
$359,900
Listed by ROYAL LEPAGE NRC REALTY.
RAVINE LOT!! WELCOME TO 84 MERRITT ST., WHERE THIS SIDE-BY-SIDE DUPLEX OFFERS INSTANT INCOME AS AN INVESTMENT PROPERTY OR MOVE IN AND LIVE AS A MULTI-FAMILY PROPERTY! This unique property backs onto a ravine with a graded lot backing onto private treed views of the Niagara Escarpment. This property offers value as a duplex with a 1 bedroom unit in the front of the building and is currently rented for $875/month all inclusive to a long term tenant. The back unit is a spacious and well maintained 2 bedroom unit w/open concept kitchen/dining/living room, gas fireplace and sliding doors from LR and bedroom to sprawling deck with tranquil views of the treed ravine lot. This unit is vacant and available to rent out immediately. The basement is unfinished and perfect for development as a ground-level walk-out space. There is a possible development opportunity to combine an adjacent vacant lot currently listed at 1 Ball Ave.
Living
The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.