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Renanza Realty
For sale

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

Listing 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.

Estimated monthly payment$3,020 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.