4 Manchester Avenue, St. Catharines, ON L2R 1N8

$499,900
5
BD
3
BA
1,100
SqFt

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List Price
$499,900
MLS#
X13469520
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
2-Storey
Bedrooms
5
Bathrooms
3
Living Area
1100-1500
Province
ON
Municipality
St. Catharines
Area
Niagara
Neighborhood
452 - Haig
Subdivision
Ontario St & Carlton St

Property Description

Turnkey Triplex with Strong Cash Flow Just Minutes from Downtown St. Catharines. Fully tenanted and well-maintained, this income-generating property features three all-inclusive units: two spacious 2-bedroom units and one 1-bedroom unit, each with its own 4-piece bathroom.The upper and lower units were extensively renovated in 2020 with updated kitchens, bathrooms, flooring, appliances, and fresh paint. Additional improvements include newer second-floor windows and a sump pump, both installed in 2020, helping minimize future maintenance costs.Conveniently located near downtown, transit, shopping, restaurants, parks, and other amenities, the property benefits from strong rental demand and immediate cash flow. An excellent opportunity for investors seeking a turnkey asset or first-time buyers looking to significantly offset their mortgage with rental income.

Additional Information

Taxes
$3,321
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Lot Depth
145
Kitchens
3
Exterior
Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE.