59 Parker Street, St. Catharines, ON L2S 1W1

About this home

Here's your next investment opportunity! This turn-key student rental already generates $4,238.42 per month with 6 tenants on one lease through April 30, 2027, lining up nicely with the typical summer student changeover. Built in 2004, this all-brick raised bungalow offers approximately 2,500 sq. ft. of finished living space and a layout that works extremely well for student living. The home has 7 bedrooms, with the potential for an 8th, plus 2.5 bathrooms, large bedrooms with closets, plenty of storage, and oversized lower-level windows that bring in great natural light. The main floor features an open-concept layout, spacious kitchen, dedicated laundry area and access to the backyard, while the finished lower level includes a second kitchen setup and additional living space. The double-car garage is another major bonus, providing extra storage and additional space for tenants to use. Set on a quiet street, the location checks the right boxes with easy access to Brock University, public transit, downtown amenities, restaurants, shopping and everyday conveniences. The property is professionally managed by a reputable local property management company, making this a straightforward addition to an investment portfolio. With its bedroom count, existing rental income and strong demand for student housing, this property offers income potential that can be difficult to match with a traditional single-family rental. The tenants are already in place, the lease is secured, and the property is set up for its intended use. Whether you're adding to an existing portfolio or looking for your first student rental, this one is worth a closer look. 24 hours' notice is required for all showings.

Home details

Days on market

Not reported

Property type

Detached

MLS® number

X13778162

Source status

New

Bedrooms

7

Bathrooms

3

Postal code

L2S 1W1

Kitchens

2

Kitchens above grade

1

Kitchens below grade

1

Family room / den

Yes

Interior size (reported range)

1100-1500

Lot depth

101 ft

Garage parking spaces

Not reported

Total parking spaces

6

Occupancy

Tenant

Possession type

Flexible

Garage

Attached

Annual property tax

5705

Basement

Finished

Interior features

In-Law Suite

Architectural style

Bungalow-Raised

Parking features

Private Double

Pool features

None

Fireplace

No

Waterfront

No

Garage available

Yes

Heating system

Forced Air

Heating fuel

Gas

Cooling

Central Air

Sewer

Sewer

Direction facing

West

Construction materials

Brick Veneer

Roof

Asphalt Shingle

Foundation

Poured Concrete

MLS entry age (not confirmed DOM)

53 days

These details come from the listing source. Please confirm measurements and fees before making a decision.

Utilities and services

Sewer

Sewer

Heating system

Forced Air

Heating fuel

Gas

Cooling

Central Air

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Rooms & virtual tours

Bedrooms above grade

3

Bedrooms below grade

4

Rooms above grade

14

Den / family room reported

Yes

Reported counts are shown independently. Room dimensions have not been inferred from these counts.

Ask the listing brokerage for floor plans and measured room layouts.

Listing dates & price record

Asking amount

$569,900

1. Sep 14, 2026

   Original MLS entry

   Entry into the source MLS system; distinct from days on market.

Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.

Estimate monthly costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Map and neighbourhood

Region / county

NIAGARA

Municipality

ST. CATHARINES

MLS® community

458 - Western Hill