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140 Eastchester Avenue St. Catharines, Ontario L2P 2Z4

4 Bedroom 3 Bathroom 1500 - 2000 sqft
Window Air Conditioner Radiant Heat

$679,000

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. Contact for full financials. Photos have been virtually decluttered to remove tenant belongings. (id:61445)

Property Details

MLS® Number X12918522
Property Type Multi-family
Community Name 450 - E. Chester
AmenitiesNearBy Park, Place Of Worship, Public Transit
EquipmentType Water Heater
Features Flat Site, Carpet Free, Sump Pump
ParkingSpaceTotal 5
RentalEquipmentType Water Heater
Structure Porch

Building

BathroomTotal 3
BedroomsAboveGround 3
BedroomsBelowGround 1
BedroomsTotal 4
Age 51 To 99 Years
Appliances Water Heater, Dryer, Stove, Washer, Refrigerator
BasementFeatures Apartment In Basement
BasementType N/a
CoolingType Window Air Conditioner
ExteriorFinish Brick, Vinyl Siding
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Radiant Heat
StoriesTotal 2
SizeInterior 1500 - 2000 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Park, Place Of Worship, Public Transit
Sewer Sanitary Sewer
SizeDepth 110 Ft
SizeFrontage 67 Ft ,4 In
SizeIrregular 67.4 X 110 Ft
SizeTotalText 67.4 X 110 Ft
ZoningDescription R2

Rooms

Level Type Dimensions
Basement Other 5.66 m x 4.65 m
Basement Utility Room 4.78 m x 2.34 m
Lower Level Kitchen 3.58 m x 3.2 m
Lower Level Living Room 7.14 m x 3.71 m
Lower Level Bedroom 3.1 m x 3.07 m
Main Level Living Room 5.33 m x 3.66 m
Main Level Bedroom 3.68 m x 2.74 m
Main Level Kitchen 4.75 m x 3.48 m
Main Level Primary Bedroom 3.96 m x 2.92 m
Upper Level Living Room 4.78 m x 3.66 m
Upper Level Bedroom 5.13 m x 3.51 m
Upper Level Kitchen 4.06 m x 2.9 m

https://www.realtor.ca/real-estate/29512862/140-eastchester-avenue-st-catharines-e-chester-450-e-chester

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Chris Hendriks
Salesperson


RE/MAX Hendriks Team Realty
145 King Street
St. Catharines, Ontario L2R 3J2

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