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450 - E. Chester, St. Catharines, ON L2R 2Z3
$699,900
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
This is a prime, turnkey investment opportunity in a highly desirable, central St. Catharines location within the vibrant Queenston neighbourhood. With four units, fully tenanted, Unit 1 Rents for $1,250, Unit 2 Rents for $1,280, Unit 3 Rents for 1,100 and Unit 4 Rents for $1,300 bringing in $4,930 Monthly, This spacious triplex, configured as four fully renovated, self-contained units with separate entrances, including a spacious 2-bedroom basement unit, offers immediate, reliable cash flow. Significant updates include newer wiring, plumbing, windows, siding, and easy-care laminate and ceramic flooring throughout, with all four units featuring a new 4-piece ceramic bath. Tenants will appreciate the four spacious, eat-in kitchens with updated cabinets and counters, plus the added modern convenience of in-suite laundry in some units. The property is separately metered and perfectly situated, providing tenants with excellent walkability to public transit, schools, local shops, dining, and swift access to the QEW and major routes.