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Renanza Realty
For sale

172 1/2 NIAGARA STREET

St. Catharines (E. Chester), Ontario

MLS® X14175226

$598,500

Status
Active
Property type
Multi-family
MLS® number
X14175226
Bedrooms
5
Bathrooms
3
Year built
—

Listing description

Fully occupied LEGAL TRIPLEX generating $4,700/month in rental income! Upgraded with permits and engineered drawings, with work inspected by the City, this turnkey investment offers 3 self-contained units, each with its own laundry facilities and parking. The property features a charming main floor 1-bedroom unit, a bright lower level bachelor with a walkout, and a spacious 4-bedroom unit with a flexible layout.

Improvements include updated plumbing and electrical, fire-rated construction, interconnected smoke alarms and an owned hot water tank. All 3 units are occupied by A+ tenants. Current rents total $56,400 annually and include heat, hydro and water.

Conveniently located on a bus route with easy QEW access.

Property summary

MLS® number
X14175226
Property type
Multi-family
Building type
Triplex
Land size
37 x 88 FT
Annual property taxes
$3,500.00
Parking
4 spaces · No Garage
Days on market
1 day

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, Separate entrance, Walk out, N/A, N/A
Appliances
Washer, Refrigerator, Stove, Dryer, Water Heater
Exterior features
Stucco
Lot features
In-Law Suite

What would this home cost you?

Based on the $598,500 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,785 /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 GARDEN CITY REALTY INC, BROKERAGE, 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.