13 Hainer St
St. Catharines, L2S 1M5
FOR SALE
$849,900
Terminated
$0

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5
BEDROOMS3
BATHROOMS3
KITCHENS12
ROOMSX5732386
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-08-15 | 2022-10-03 | 49 | $849,900 | - | Terminated |
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Property Description
Incredible Opportunity To Own A Highly Sought After Turnkey Triplex In The Ern Hill Area With Great Tenants! With A Large Floor Plan This 2 Storey Legal Triplex Offers 1 X 1 Bedroom Unit And 2 X 2 Bedroom Units, All With Their Own Balconies. The Property Has Been Well Cared For And Maintained With Many Recent Improvements: Updated Electrical Panels/Wiring 2011; Roof/Soffit/Facia & Balconies 2014; Unit 2 Bathroom 2015; Unit 1 Bath & Unit 3 Kitchen In 2016; Unit 1 Laminate Flooring In 2017; And Lastly The Fence In 2018. Located In A Great Area Near Public Transportation, A 5 Min Walk To Downtown St Catharines, Shopping, Restaurants, Hiking Trails, And So Much More. The Via Rail, Go Station, City Buses & Hwy 406 Are Just Around The Corner Too! Annual Rent Of $52,680/Year. Tenants Pay Their Own Hydro, Owner Pays Water, Gas And Hydro For Common Areas.
Extras
Inclusions: 3 Fridges, 3 Stoves, All Electrical Lighting Fixtures, Washer, Dryer, Wall Mount Ac In Unit 1 & 2 Exclusions: Tenants' Belongings, Wall Mount Ac In Unit 3
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This turn-key, fully renovated triplex offers a perfect blend of modern updates and strong financial performance with a 7.17% cap rate and 23.82% expense ratio. Featuring one (1) spacious 3-bedroom unit and two (2) stylish 2-bedroom units, this triplex is fully rented with exceptional tenants and allocated to 1,941 square feet. In a prime central St. Catharines location, walking distance to Prince of Wales Public School, Lester B. Pearson Park, and the shops along Facer Street, with the added convenience of easy highway access to the Q.E.W. and just minutes to the downtown. Updates include: Main Floor Unit Renovation (2020 kitchen, bathroom, floors, windows and doors), Second Floor Unit Renovation (2020 kitchen, bathroom, floors, windows and doors), Lower Level Unit Renovation (2022 kitchen, bathroom, flooring, plumbing, lighting), Asphalt Shingle Roof (2018), Front Porch (2018), Interlock Driveway, Side Courtyard and Backyard Patio, fencing and gates (2019), Boiler (2020), Soft, Eaves, Flashing, Downspouts (2021), Plumbing New Sewer Lateral (2022), Electrical Breaker Panels separated for each individual unit (2022). The recent upgrades and low maintenance requirements make 65 Parkview Road an attractive opportunity for investors. Properties like this don't hit the market often. Don't miss your chance to own one of the nicest triplexes on the market!
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