Size
-
Lot size
613.9 sqm
Street frontage
E
Possession
2024-06-30 00:
Price per sqm
-
Taxes
$3,200 (2023)
Parking Type
Detached Garage
Style
1 1/2 Storey
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Description
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!
EXTRAS:
EXTRAS:
Broker: REVEL REALTY INC.
MLS®#: X8235882
Property details
Parking:
3
Parking type:
Detached Garage
Property type:
Triplex
Heating type:
Radiant
Style:
1 1/2 Storey
MLS Size:
-
Lot front:
17.07 M
Lot depth:
35.97 M
Listed on:
Apr 15, 2024
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