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Price Change$520,000

58 Carlton Street

451 - Downtown, St. Catharines

$499,000

Detached|2 1/2 Storey
3 | 5 | 5
About this home

Attention Investors! Turnkey, fully leased triplex offering immediate cash flow in one of St. Catharines' most desirable rental markets. This well-maintained property features two spacious 2-bedroom units and one bright 1-bedroom unit, with the main floor and basement units each offering an additional 2-piece bathroom. Three separate hydro meters help minimize operating costs, while established tenants provide stable rental income from day one (Unit 1: $1,071/month, Unit 2: $712/month, Unit 3: $1,550/month). Ideally situated on the corner of Haig Street and Carlton Street, just steps to shopping, schools, transit, and everyday amenities, with quick access to the QEW only minutes away. Whether you're adding to your portfolio or purchasing your first multi-family investment, this is an excellent opportunity to own a turnkey income property in a high-demand location with strong long-term growth potential.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,753
Lot Size42.1 ft x 97.42 ft
mls© NumberX13606142
Listed ByRE/MAX REALTY SPECIALISTS INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,554
Property tax
$396
Heat allowance
$150
Housing costs
$3,100 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $99,800
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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