43 Centre St N

FOR SALE
$750,000
43 Centre St N, St. Catharines
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
43 Centre St N
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5
BEDROOMS
3
BATHROOMS
1
KITCHENS
10
ROOMS
X8214904
MLSID
Contact Us
Property Description
Nestled within the vibrant heartbeat of downtown, this triplex epitomizes the pinnacle of savvy investing. Boasting not one, but two impeccably designed 1-bedroom units alongside a luxurious 2-bedroom residence, each exquisitely refurbished with sleek, contemporary finishes, it emerges as a beacon of unparalleled income potential. With its prime location, this property guarantees not just a robust, but a consistently flourishing cash flow, igniting the imagination and fulfilling the dreams of any astute investor. Seize the day, seize the opportunity, and witness your real estate portfolio soar to new heights.
Property Details
Street
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
58' x 68'
Fronting
North
Taxes
$3,293 (2023)
Basement
Unfinished
Exterior
Stucco/Plaster, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain8.66' x 17.49'
KitchenMain9.42' x 5.58'
Prim BdrmMain13.25' x 8.83'
BrMain11.42' x 7.74'
LivingMain12.60' x 18.67'
BrMain8.60' x 9.42'
LivingMain11.15' x 16.50'
KitchenMain7.09' x 6.92'
BrMain13.42' x 7.41'
St. Catharines Market Statistics
St. Catharines Price Trend
43 Centre St N is a 5-bedroom 3-bathroom home listed for sale at $750,000, which is $67,500 (9.9%) higher than the average sold price of $682,500 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 5 bedroom home in St. Catharines declined by $557,500 (45.0%) compared to the previous 30 day period (March 15 - April 13) and up $42,500 (6.6%) from the same time one year ago.
Inventory Change
There were 5 5-bedroom homes listed in St. Catharines over the last 30 days (April 14 - May 13), which is down 0.0% compared with the previous 30 day period (March 15 - April 13) and down 16.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in St. Catharines typically sold ($16,500) (2.4%) below asking price over the last 30 days (April 14 - May 13), which represents a $118,500 increase compared to the previous 30 day period (March 15 - April 13) and ($47,400) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in St. Catharines over the last 30 days (April 14 - May 13) stood at 20.0%, down from 20.0% over the previous 30 days (March 15 - April 13) and down from 33.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in St. Catharines stood at 29 days when successfully sold over the last 30 days (April 14 - May 13), compared to 78 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Signature Realty
Similar Listings
8 Pelham Rd E, St. Catharines
5
BEDS
3
BATHS
$669,000
FOR SALE
Calling all savvy investors! Unlock the potential of this prime real estate opportunity in St. Catharines! Currently generating substantial income as a triplex, this property also has the capacity for expansion with the possibility of an additional 4 units, allowing for a total of 7 units. Nestled in the heart of St. Catharines, mere steps from the bustling downtown core, this investment promises both immediate returns and future growth. The existing triplex consists of 2 x 1-bedroom units and 1 x 3-bedroom unit, situated on a spacious lot that opens up the possibilities for additional units. Unit 1 boasts brand-new flooring, while Unit 3 has undergone a recent makeover with a new kitchen and bathroom. The property's updates include a new boiler installed in 2023 and a roof replacement in 2020, ensuring minimal maintenance concerns for the discerning investor. This turn-key investment is not only financially sound as a triplex, but also provides the prospect of increased returns and a strategic investment move. Seize this opportunity to diversify your portfolio and capitalize on the growing real estate market in St. Catharines!
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