$874,900

Investment For Sale In Facer, St. Catharines, Ontario

$874,900

Property Information:

This turn-key, fully renovated triplex offers a perfect blend of modern updates and strong financial performance with a 6% cap rate and 24.24% expense ratio. Featuring one (1) spacious 3-bedroom unit and two (2) stylish 2-bedroom units, this triplex is fully rented with exceptional tenants. In a prime central St. Catharines location, walking distance to Prince of Wales Public School, Lester B. Pearson Park, and the shops along Facer Street, with the added convenience of easy highway access to the Q.E.W. and just minutes to the downtown. Updates include: Main Floor Unit Renovation (2020 – kitchen, bathroom, floors, windows and doors), Second Floor Unit Renovation (2020 – kitchen, bathroom, floors, windows and doors), Lower Level Unit Renovation (2022 – kitchen, bathroom, flooring, plumbing, lighting), Asphalt Shingle Roof (2018), Front Porch (2018), Interlock Driveway, Side Courtyard and Backyard Patio, fencing and gates (2019), Boiler (2020), Soffit, Eaves, Flashing, Downspouts (2021), Plumbing – New Sewer Lateral (2022), Electrical Breaker Panels – separated for each individual unit (2022). The recent upgrades and low maintenance requirements make 65 Parkview Road an attractive opportunity for investors. Properties like this don’t hit the market often. Don’t miss your chance to own one of the nicest triplexes on the market! (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding, Stone, Stucco
  • Foundation Type: Block
  • Heating Fuel: Natural gas
  • Cooling Type:

Property Features:

  • OwnershipType: Other, See Remarks
  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 3
  • Access Type: Road access, Highway access
  • Amenities Nearby: Public Transit, Schools, Shopping
  • Built in: 1953
  • Community Features: High Traffic Area
  • Lot Depth: 95.0 Feet
  • Lot Frontage: 40.0 Feet
  • Structure Type: Shed, Porch
  • Zoning: R2
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 2

Courtesy of: Royal LePage NRC Realty

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