St. Catharines, ON L2R 2Z3
This is a prime, turnkey investment opportunity in a highly desirable, central St. Catharines location within the vibrant Queenston neighbourhood. With four units, fully tenanted, Unit 1 Rents for $1,250, Unit 2 Rents for $1,280, Unit 3 Rents for 1,100 and Unit 4 Rents for $1,300 bringing in $4,930 Monthly, This spacious triplex, configured as four fully renovated, self-contained units with separate entrances, including a spacious 2-bedroom basement unit, offers immediate, reliable cash flow. Significant updates include newer wiring, plumbing, windows, siding, and easy-care laminate and ceramic flooring throughout, with all four units featuring a new 4-piece ceramic bath. Tenants will appreciate the four spacious, eat-in kitchens with updated cabinets and counters, plus the added modern convenience of in-suite laundry in some units. The property is separately metered and perfectly situated, providing tenants with excellent walkability to public transit, schools, local shops, dining, and swift access to the QEW and major routes.
TRREB MLS® Attribution
MLS® X12600926
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$3,418
/month · $559,920 mortgage
Amortization
Total Interest
$465,391
Total Cost
$1,025,311
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE REAL ESTATE SERVICES LTD.