172 1/2 Niagara Street St. Catharines, Ontario L2R 4L9
$598,500
Fully occupied LEGAL TRIPLEX generating $4,700/month in rental income! Upgraded with permits and engineered drawings, with work inspected by the City, this turnkey investment offers 3 self-contained units, each with its own laundry facilities and parking. The property features a charming main floor 1-bedroom unit, a bright lower level bachelor with a walkout, and a spacious 4-bedroom unit with a flexible layout. Improvements include updated plumbing and electrical, fire-rated construction, interconnected smoke alarms and an owned hot water tank. All 3 units are occupied by A+ tenants. Current rents total $56,400 annually and include heat, hydro and water. Conveniently located on a bus route with easy QEW access. (id:56248)
Property Details
| MLS® Number | X14175226 |
| Property Type | Multi-family |
| Community Name | 450 - E. Chester |
| Features | In-law Suite |
| Parking Space Total | 4 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Features | Walk Out, Separate Entrance |
| Basement Type | N/a (finished), N/a |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stucco |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 88 Ft |
| Size Frontage | 37 Ft |
| Size Irregular | 37 X 88 Ft |
| Size Total Text | 37 X 88 Ft |
| Zoning Description | M1 |
Interested?
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November 12 2026 07:24:11
Niagara Association of REALTORS®
RE/MAX Garden City Realty Inc, Brokerage