20 days on Market

43 Centre St, St. Catharines, Ontario L2R 3A8

Townhouse
5
3
~1500-2000 sqft
$650,000
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Townhouse
5
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$379/sqft

Est. Mortgage$2,791/mo

Tax Amount (2023)$3,293/yr

Days On Market20 days


Description

Discover an exceptional investment opportunity in the heart of St. Catharines with this fully tenanted property boasting a robust positive cash flow. This meticulously maintained triplex combines historic charm with modern convenience, attracting tenants seeking quality living spaces. Currently yielding a total monthly rental income of $55,800, it offers a solid financial foundation. Situated in a prime location with easy access too many amenities, each unit is designed for comfort and functionality, ensuring high tenant satisfaction and minimal turnover. With all units occupied, you can start enjoying immediate returns on your investment. Whether you're a seasoned investor or new to real estate, this property presents a lucrative opportunity for passive income and long-term growth in St. Catharines' thriving rental market.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size3,915 SqFt(67.5 x 58)
Parking Spaces2
MLS ®NumberX11882517
Community NameDowntown St. Catharines
Data SourceTRREB
Listing byKeller Williams Signature Realty, Brokerage

Features

Heating: Forced Air
Basement: Unfinished

Main Floor

Living

5.33 x 2.64

Kitchen

1.70 x 2.87

Prim Bdrm

2.69 x 4.04

Br

2.36 x 3.48


Features

Lot size: 3,915 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by Keller Williams Signature Realty, Brokerage, Brokerage
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Population and Demographics

Overview

Total population 3605
Average household income $86,524

Age (%)

20 to 34
32%
50 to 64
19%
65 and plus
19%
35 to 49
17%
0 to 19
13%

Household composition (%)

Single person
54%
Single family
37%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
Spanish
2%
French
2%
Arabic
2%

House tenancy (%)

Renters
73%
Owners
27%

Schools and amenities

Estimated Budget