$659,000
 $3,538 forsale estimated payment Sourced by Back At You

80 Page Street , St. Catharines, ON L2R 4A9

St. Catharines, ON L2R 4A9

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Description

Fully Rented, High-Return Legal Triplex - The Perfect Investment to Grow Your Portfolio 6% Cap Rate - Strong profitability, fully leased, Positive Cash Flow - Over $1,000 + in monthly returns! Turn-Key Property - Start earning from Day One. This fully rented, newly renovated legal triplex is the ideal investment for those seeking high-yield returns with minimal effort. Each unit has been upgraded with care and modernized under permit for a smooth, worry-free transition. Perfectly located near daycares, schools, and a short walk to transit, this property appeals to a wide range of tenants and provides unmatched convenience. Here’s what each unit offers: Cozy and thoughtfully designed, Outfitted with sleek, energy-efficient appliances, Stylish finishes for a modern touch. Each unit has been finished with fresh paint, modern trim, upgraded flooring, and new windows. Individual ductless heating and cooling systems enhance year-round comfort and appeal to today’s energy-conscious renters. For savvy investors, a detailed proforma with actual income and expenses is available, showcasing this property’s exceptional cash flow. With parking on-site and a prime location, this is a rare, income-generating asset you don’t want to miss. Take the next step toward expanding your profitable real estate portfolio today!

Details

Mls40639474
Listing TypeFor Sale
StyleDetachd
SubtypeResale
StatusActive
Days On Site95
Listing Provided ByRE/MAX NIAGARA REALTY LTD, BROKERAGE | Emily Desantis

Features

Beds4
Baths 3 Total
Sq Feet1,660
BasementY
ZoningM1
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 56 minutes ago
StateON
CountyNiagara
CitySt. Catharines
Zip CodeL2R 4A9
AreaSt. Catharines
Subarea450 E. Chester
Community Name450 E. Chester
Listing VS Median (in 450 E. Chester)
Price:
$659,000
low | high
Med:
$424,945
85.516691957511% of Average
SqFt:
1,660
low | high
Med:
719
100% of Average
$ / SqFt:
$397
low | high
Med:
$594
2% of Average
On Site:
95
low | high
Med:
54.000000
100% of Average
Sourced by Back At You
Listing Updated: November 27, 2024 at 4:13:58 PM PST