Property Description

RARE OPPORTUNITY to own a solid brick, fully legal triplex in a convenient South St. Catharines location, down the street from Brock University, on a bus route, close to Pen Centre and Highway 406 for great accessibility. Built in 1958 by the original builder/owner with quality and craftsmanship, this well-maintained one-owner property offers over 3,000 sq. ft. of finished living space on a 40' x 110' lot. Ideal for investors, multi-generational living, or buyers looking to live in one unit while generating income from the other two.Great Each self-contained unit offers 2 bedrooms, a kitchen, living area and 4-piece bathroom. Hydro has been separated with each unit having its own hydro meter and panel. The main-floor tenant, in place since 2023, pays $1,925/month + hydro, while the long-term basement tenant pays $1,110/month + hydro. The vacant upper unit was completely renovated in 2025 and offers a brand-new kitchen with quartz countertops, luxury vinyl plank flooring, updated 4-piece bathroom, new appliances, fresh paint and a new living room window, with potential rent of approximately $2,100-$2,200/month + hydro. Coin-operated laundry provides additional income of approximately $300/month. Other improvements include roof (2018), newer bedroom windows (2016), 3 owned hot water tanks, 2 newer individual A/C units and new light fixtures. Plenty of paved rear parking + concrete driveway. A fantastic turn-key investment with excellent income potential and the flexibility to owner-occupy the beautifully renovated vacant upper unit. Survey available. For an exceptional investment opportunity, this property is best purchased together with the neighbouring property, (102 Townline) a solid brick bungalow featuring a second unit in the basement, a large shed and a laneway that extends through to the next street at the rear, offering even greater flexibility, access and income potential. Currently new sidewalks and roads being completed for a modern update to the street. (id:7434)