Discover the perfect investment opportunity with this fully renovated duplex in the heart of St. Catharines. Ideal for investors seeking passive income. This unique side-by-side duplex features 2 meticulously updated units (2020 by the previous owner). Both units boast modern kitchens, carpet-free, luxury vinyl flooring, beautifully renovated bathrooms & in-suite laundry in both units. The extensive renovations include updated plumbing & electrical systems, ensuring peace of mind & low maintenance for years to come. Each unit has separate hydro meters, providing convenience & efficiency for tenants. Furnace updated January 2024. Washer & dryer in back unit replaced 2024. The current owner has maintained everything on the property. Both units are currently tenanted. Current rent for Unit 1 is $2,200/month + hydro and current rent for Unit 2 is $1,230/month + hydro. This property offers a unique blend of immediate rental income & potential for future growth, making it a desirable investment in the 2024 market. Don’t miss out on this turnkey investment opportunity! Just steps to 12 Mile Creek, close to all amenities & bus routes. Vacant interior photos of Unit 2 from 2021.
MLS# | H4205774 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1941 |
Days On Site | 35 |
Listing Provided By | Keller Williams Complete Realty | Diane Price |
Bed(s) | 4 |
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SQ Feet | 1,265 |
Basement | Y |
Story(s) | 1 |
Units | 2 |
Zoning | R2 |
Acreage | 0.10 |
Water Front | Yes |
Province | ON |
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Region | Niagara |
City | St. Catharines |
Postal Code | L2R 1T1 |
Area | 451 Downtown |
Community Name | 451 Downtown |
School District | District School Board of Niagara |
Elementary School | District School Board of Niagara |
Middle School | District School Board of Niagara |
High School | District School Board of Niagara |
Listing VS Median (in 451 Downtown) | |
Price: $599,800 low | high Med: $12 SqFt: 1,265 low | high Med: 4,009 $ / SqFt: $474 low | high Med: $0 On Site: 35 low | high Med: 1050.000000 |