$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!

Inclusions: Smoke Detector,3 Refrigerators, 3 Stoves, 2 Dishwashers, 2 Washers, 2 Dryers, 1 Stackable Washer/Dryer

Exclusions : All Tenants Belongings.

Building Features:

  • Floor Space: 1941 Square Feet

Property Features:

  • Bedrooms: 7
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Finished
  • Built in: 1953
  • Construction Materials: Aluminum Siding, Stone, Stucco
  • Cooling: Ductless
  • Driveway Parking: Private Drive Double Wide
  • Exterior Features: Lighting, Privacy, Separate Hydro Meters
  • Floor Space (approx): 1941 Square Feet
  • Heating: Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 95 Feet
  • Lot Features: Rectangular, Ample Parking, City Lot, High Traffic Area, Highway Access, Public Transit, Schools, Shopping Nearby
  • Lot Frontage: 40.00 Feet
  • Other Structures: Shed(s)
  • Parking Features: Interlock
  • Road Frontage Type: Municipal Road, Year Round Road
  • Road Surface Type: Paved
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector
  • Water Source: Municipal
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 2

Courtesy of: Royal LePage NRC Realty

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
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