$659,000

House For Sale In Queenston, St. Catharines, Ontario

$659,000
  • 4

    Bedrooms

  • 3

    Baths

  • 79.2 x 56.6 FT

    Lot Size

Property Information:

Fully Rented, High-Return Legal Triplex The Perfect Investment to Grow Your Porfolio! 6% Cap Rate Strong profitability, fully leased Positive Cash Flow Over $1,000 + in monthly returns! Turn-Key Property Start earning from Day One. This fully rented, newly renovated legal triplex is the ideal investment for those seeking high-yield returns with minimal effort. Each unit has been upgraded with care and modernized under permit for a smooth, worry-free transition. Perfectly located near daycares, schools, and a short walk to transit, this property appeals to a wide range of tenants and provides unmatched convenience. Here's what each unit offers: Cozy and thoughtfully designed, Outfitted with sleek, energy-efficient appliances, Stylish finishes for a modern touch. Each unit has been finished with fresh paint, modern trim, upgraded flooring, and new windows. Individual ductless heating and cooling systems enhance year-round comfort and appeal to todays energy-conscious renters. For savvy investors, a detailed proforma with actual income and expenses is available, showcasing this property's exceptional cash flow. With parking on-site and a prime location, this is a rare, income-generating asset you don't want to miss. Take the next step toward expanding your profitable real estate portfolio today! (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Air Conditioning: Yes
  • Amenities: Separate Heating Controls
  • Basement Development: Unfinished
  • Basement Type: Crawl space
  • Exterior Finish: Vinyl siding
  • Foundation Type: Block
  • Heating Type: Other
  • Heating Fuel: Electric
  • Cooling Type: Wall unit

Property Features:

  • Property Type: Single Family
  • Bedrooms: 4
  • Bathrooms: 3
  • Amenities Nearby: Public Transit, Schools
  • Irregular: Yes
  • Lot Depth: 56.6 Feet
  • Lot Frontage: 79.2 Feet
  • Lot Size: 79.2 x 56.6 FT
  • Zoning: M1
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 3

Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.