140 EASTCHESTER AVENUE, St. Catharines (E. Chester), Ontario, L2P2Z4

Property Description

Turnkey legal triplex in the heart of St. Catharines offering strong income with an approximate 7% cap rate. Rarely do you find a well maintained property of with three self-contained units, each with separate hydro meters and private in-suite laundry. The building is configured as main floor, upper and lower units with thoughtful updates throughout. A common front foyer provides access to the main and upper units, while the lower unit features a separate rear entrance. The main floor unit offers a spacious living area, oversized kitchen with ample cabinetry, two bedrooms and a four-piece bathroom. This unit also benefits from exclusive access to a private basement space ideal for storage along with its own laundry. The upper unit is nicely updated and features a bright living space, eat-in kitchen with walkout to a private deck, one bedroom, four-piece bathroom and separate laundry. The lower level unit has been well finished with updates including newer kitchen, bathroom and flooring. Offering a large living area, dedicated dining space, one bedroom, four-piece bathroom and its own laundry. Parking is available at both the front and rear of the property. Currently fully tenanted with quality tenants on month-to-month agreements providing immediate income or the option for vacancy for your own use if desired. Ideal for investors seeking a solid, low-maintenance asset or buyers looking to live in one unit while offsetting costs with rental income. Photos have been virtually decluttered to remove tenant belongings. (id:64974)

Quick Facts

• Property Type: Triplex
• Bedrooms: 4 (3 above, 1 below)
• Bathrooms: 3
• Attached: Yes
• Parking: 5.0 spaces (No Garage)
• Frontage: 67 ft (20.5 m)

Costs

• Annual Taxes: $4,398.00 (2025)

Listing Provided by: RE/MAX HENDRIKS TEAM REALTY
Board: Niagara Association of REALTORS®
Data provided via CREA DDF®.