Property Information:

Turnkey legal triplex in the heart of St. Catharines offering strong income with an approximate 7% cap rate. Rarely do you find a well maintained property of with three self-contained units, each with separate hydro meters and private in-suite laundry. The building is configured as main floor, upper and lower units with thoughtful updates throughout. A common front foyer provides access to the main and upper units, while the lower unit features a separate rear entrance. The main floor unit offers a spacious living area, oversized kitchen with ample cabinetry, two bedrooms and a four-piece bathroom. This unit also benefits from exclusive access to a private basement space ideal for storage along with its own laundry. The upper unit is nicely updated and features a bright living space, eat-in kitchen with walkout to a private deck, one bedroom, four-piece bathroom and separate laundry. The lower level unit has been well finished with updates including newer kitchen, bathroom and flooring. Offering a large living area, dedicated dining space, one bedroom, four-piece bathroom and its own laundry. Parking is available at both the front and rear of the property. Currently fully tenanted with quality tenants on month-to-month agreements providing immediate income or the option for vacancy for your own use if desired. Ideal for investors seeking a solid, low-maintenance asset or buyers looking to live in one unit while offsetting costs with rental income. Photos have been virtually decluttered to remove tenant belongings. (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Air Conditioning: Yes
Basement Type: N/A
Exterior Finish: Brick, Vinyl siding
Floor Space: 1500 - 2000 sqft
Foundation Type: Poured Concrete
Heating Type: Radiant heat
Heating Fuel: Natural gas
Cooling Type: Window air conditioner
Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 3+1
Bathrooms: 3
Amenities Nearby: Park, Public Transit
Features: Flat site, Carpet Free, Sump Pump
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 110 Feet
Lot Frontage: 67.3 Feet
Lot Size: 67.4 x 110 FT
Structure Type: Porch
Zoning: R2
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 5

Rooms:

Other Basement Level 5.66 m x 4.65 m
Utility Basement Level 4.78 m x 2.34 m
Kitchen Lower Level 3.58 m x 3.20 m
Living Lower Level 7.14 m x 3.71 m
Bedroom Lower Level 3.10 m x 3.07 m
Living Main Level 5.33 m x 3.66 m
Bedroom Main Level 3.68 m x 2.74 m
Kitchen Main Level 4.75 m x 3.48 m
Primary Bedroom Main Level 3.96 m x 2.92 m
Living Upper Level 4.78 m x 3.66 m
Bedroom Upper Level 5.13 m x 3.51 m
Kitchen Upper Level 4.06 m x 2.90 m

Convert Measurement to:

Courtesy of: RE/MAX HENDRIKS TEAM REALTY

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Demographic Information of 140 EASTCHESTER AVENUE, St. Catharines (E. Chester), Ontario, L2P 2Z4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$86,623.18

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.22 %

High school certificate or equivalent

35.04 %

Apprenticeship trade certificate/diploma

8.13 %

College/non-university certificate

23.41 %

University certificate (below bachelor)

0.83 %

University Degree

15.35 %

Commuter

Travel To Work

By Car

87.66 %

By Public Transit

3.77 %

By Walking

2.05 %

By Bicycle

0.0 %

By Other Methods

6.52 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.68 %

Houses

77.32 %

140 EASTCHESTER AVENUE, St. Catharines (E. Chester), Ontario, L2P 2Z4