Fully Rented, High-Return Legal Triplex - The Perfect Investment to Grow Your Portfolio 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 today’s 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!
MLS# | 40639483 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Days On Site | 66 |
Listing Provided By | RE/MAX NIAGARA REALTY LTD, BROKERAGE | Emily Desantis |
Bed(s) | 4 |
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Bath(s) | 3 |
SQ Feet | 1,660 |
Basement | Y |
Story(s) | 2 |
Units | 3 |
Zoning | M1 |
Province | ON |
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County | Niagara |
City | St. Catharines |
Postal Code | L2R 4A9 |
Area | St. Catharines |
Subarea | 450 E. Chester |
Community Name | 450 E. Chester |
Listing VS Median (in 450 E. Chester) | |
Price: $659,000 low | high Med: $419,990 SqFt: 1,660 low | high Med: 670 $ / SqFt: $397 low | high Med: $627 On Site: 66 low | high Med: 22.000000 |