331 Queenston St is a 6-bedroom, 1-bathroom detached home in St. Catharines, listed for $649,999. It has 1500-2000 sq ft of living space.
1Welcome to 331 Queenston Street, St.
2Catharines, an outstanding income-producing property offering an exceptional combination of immediate cash flow, generous lot size and exciting future development potential.
3The existing residence features 6 generously sized bedrooms, 2 full bathrooms and an abundance of functional living space across three levels.
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.
6 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $433 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 331 Queenston St
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
6 spaces
Basement
Full
Features & systems
Parking & garage
Parking spaces
6
Interior
Basement
Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
331 Queenston St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14160128$649,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 331 Queenston St Compares to the St. Catharines Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,193
/mo
based on the purchase price of $649,999
$130,000 cash
$519,999 financed
$437,976 total interest
Principal54%$519,999
Interest46%$437,976
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in St. Catharines
Other 5–6 bed homes for sale in St. Catharines around $650K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio96.4%On average, homes sold below asking.
Active listings722Homes for sale here right now.
Median vs prior 90 days+1.8%Compared with May 11 – Aug 9, 2026: prices up.
Based on 526 sales from Aug 9 – Nov 7, 2026 (507 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 331 Queenston St
How much is 331 Queenston St listed for?
331 Queenston St is listed at $649,999 (MLS® X14160128). Summitly updates the price as soon as the MLS® record changes.
Is $649,999 a good price for 331 Queenston St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in St. Catharines. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 331 Queenston St changed?
No — 331 Queenston St is still listed at its original asking price of $649,999.
How many bedrooms and bathrooms does 331 Queenston St have?
331 Queenston St has 6 bedrooms and 1 bathroom, with about 1,500–2,000 square feet of living space. It is a detached home in St. Catharines.
How much would the monthly mortgage be on 331 Queenston St?
About $3,193 a month — principal and interest on $649,999 with 20% down ($130,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 331 Queenston St compare with other homes in St. Catharines?
Its asking price of $649,999 is about 16% above the median sold price in St. Catharines over the last 90 days, $559,950, across 526 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 331 Queenston St been sold before?
Summitly has no earlier MLS® sale or lease of 331 Queenston St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 331 Queenston St?
331 Queenston St is in St. Catharines, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 331 Queenston St been on the market?
331 Queenston St was listed today (November 7, 2026).
What is the price per square foot of 331 Queenston St?
About $325 to $433 per square foot: the asking price of $649,999 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 331 Queenston St have parking or a garage?
Yes — the listing gives 6 parking spaces.
Does 331 Queenston St have a basement, and is it finished?