140 EASTCHESTER AVENUE
St. Catharines (E. Chester), Ontario
MLS® X12918522
$649,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X12918522
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- —
1 / 38Listing description
Turnkey legal triplex in the heart of St. Catharines offering strong income with an approximate 7% cap rate. Rarely do you find a well maintained property of with three self-contained units, each with separate hydro meters and private in-suite laundry.
The building is configured as main floor, upper and lower units with thoughtful updates throughout. A common front foyer provides access to the main and upper units, while the lower unit features a separate rear entrance. The main floor unit offers a spacious living area, oversized kitchen with ample cabinetry, two bedrooms and a four-piece bathroom.
This unit also benefits from exclusive access to a private basement space ideal for storage along with its own laundry. The upper unit is nicely updated and features a bright living space, eat-in kitchen with walkout to a private deck, one bedroom, four-piece bathroom and separate laundry. The lower level unit has been well finished with updates including newer kitchen, bathroom and flooring.
Offering a large living area, dedicated dining space, one bedroom, four-piece bathroom and its own laundry. Parking is available at both the front and rear of the property. Currently fully tenanted with quality tenants on month-to-month agreements providing immediate income or the option for vacancy for your own use if desired.
Ideal for investors seeking a solid, low-maintenance asset or buyers looking to live in one unit while offsetting costs with rental income. Photos have been virtually decluttered to remove tenant belongings.
Property summary
- MLS® number
- X12918522
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 67.4 x 110 FT
- Annual property taxes
- $4,398.00
- Parking
- 5 spaces · No Garage
- Days on market
- 154 days
Features & details
- Heating
- Radiant heat, Natural gas
- Cooling
- Window air conditioner
- Basement
- Apartment in basement, N/A
- Appliances
- Washer, Refrigerator, Stove, Dryer, Water Heater
- Exterior features
- Brick, Vinyl siding
- Lot features
- Flat site, Carpet Free, Sump Pump
What would this home cost you?
Based on the $649,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX HENDRIKS TEAM REALTY, ST. CATHARINES.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.