172 1/2 Niagara ST, St. Catharines, ON L2R 4L9
172 1/2 Niagara ST, St. Catharines, ON L2R 4L9
172 1/2 Niagara ST, St. Catharines, ON L2R 4L9
41
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$598,500
Est. payment /mo
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5 Beds
3 Baths
New

172 1/2 Niagara ST St. Catharines, ON L2R 4L9

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 450 - E. Chester

MLS Listing ID X14175226

Style 2-Storey

Bedrooms 5

Annual Tax Amount $3,500

Tax Year 2026

Property Sub-Type Triplex

Lot Depth 88.0

Lot Front 37.0

Property Description

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.

Location

Province ON

County Niagara

Area Niagara

Rooms

Family Room No

Basement Finished with Walk-Out, Separate Entrance

Kitchen 3

Interior

Interior Features In-Law Suite, Storage, Water Heater Owned

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Available

Pool None

Roof Type Asphalt Shingle

Lot Frontage 37.0

Lot Depth 88.0

Total Parking Spaces 4

Building

Building Age 51-99

Foundation Poured Concrete

Others

ParcelsYN No


Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

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