Added 1 week ago
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Type: Triplex
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Style: 1 1/2 Storey
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Lot Size: 56 x 118 Feet
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Age: No Data
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Taxes: $3,200 per year
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Added: Apr 15, 2024 (1 week ago)
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Updated:
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Last Checked: 3 hours ago
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MLS®#: X8235882
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Listed By: Revel realty inc.
Calling all savvy investors! Unlock the potential of this prime real estate opportunity in St. Catharines! Currently generating substantial income as a triplex, this property also has the capacity for expansion with the possibility of an additional 4 units, allowing for a total of 7 units. Nestled in the heart of St. Catharines, mere steps from the bustling downtown core, this investment promises both immediate returns and future growth. The existing triplex consists of 2 x 1-bedroom units and 1 x 3-bedroom unit, situated on a spacious lot that opens up the possibilities for additional units. Unit 1 boasts brand-new flooring, while Unit 3 has undergone a recent makeover with a new kitchen and bathroom. The property's updates include a new boiler installed in 2023 and a roof replacement in 2020, ensuring minimal maintenance concerns for the discerning investor. This turn-key investment is not only financially sound as a triplex, but also provides the prospect of increased returns and a strategic investment move. Seize this opportunity to diversify your portfolio and capitalize on the growing real estate market in St. Catharines!
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Property
Status: Sale
Property Type: Triplex
Style: 1 1/2 Storey
Area: St. Catharines
Inside
Bedrooms: 5
Bathrooms: 3
Kitchens: 3
Rooms: 5
Den/Family Room: Yes
Air Conditioning: Window Unit
Fireplace: No
Washrooms: 3
Building
Basement: Crawl Space
Basement 2: None
Heat Type: Radiant
Heat Source: Other
Exterior: Vinyl Siding
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Available
Garage Spaces: 1
Garage Type: Detached
Covered Parking Spaces: 2
Total Parking Spaces: 3
Fees
Tax Year: 2023
Tax Legal Description: LT 2120 CP PL 2 CITY OF ST. CATHARINES
Taxes: $3,200
Land
Cross Street: Pelham & St. Paul W
Municipality District: St. Catharines
Fronting On: East
Pool: None
Sewer: Sewers
Lot Depth: 118 Feet
Lot Frontage: 56 Feet
Car-Dependent
- Most errands require a car.
Some Transit
- Most errands require a car.
Very Bikeable
- Most errands can be accomplished on bike.
St Nicholas Catholic Elementary School
Elementary: CatholicDSBN Academy
Elementary: PublicOakridge Public School
Elementary: PublicEdith Cavell Public School
Elementary: PublicWestdale Public School
Elementary: PublicSt Anthony Catholic Elementary School
Elementary: CatholicDSBN Academy
Secondary: PublicSt Catharines Collegiate Institute and Vocational School
Secondary: PublicLaura Secord Secondary School
Secondary: PublicEden High School
Secondary: PublicSir Winston Churchill Secondary School
Secondary: PublicDenis Morris Catholic High School
Secondary: Catholic-
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