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$499,900

4 MANCHESTER AVENUE, St. Catharines (Haig), Ontario, L2R 1N8

MLS® # X13469520

St. Catharines (Haig) ON, L2R 1N8

MLS® # X13469520

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Basement Type: N/A
  • Exterior Finish: Vinyl siding
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 3
  • Features: Sump Pump
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 145 Feet
  • Lot Frontage: 35 Feet
  • Lot Size: 35 x 145 FT
  • Zoning: R3
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 4 MANCHESTER AVENUE, St. Catharines (Haig), Ontario, L2R 1N8

Demographic Information of 4 MANCHESTER AVENUE, St. Catharines (Haig), Ontario, L2R 1N8

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$87,351.35

Average Number of Children

1.75

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.64 %

High school certificate or equivalent

41.49 %

Apprenticeship trade certificate/diploma

4.8 %

College/non-university certificate

22.43 %

University certificate (below bachelor)

1.36 %

University Degree

13.28 %

Commuter

Travel To Work

By Car

92.15 %

By Public Transit

1.89 %

By Walking

3.55 %

By Bicycle

2.41 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

14.06 %

Houses

85.94 %

Own Vs. Rent