175 Pleasant Ave
St. Catharines, L2R 1Y6
FOR SALE
$899,900
Sold
$885,000

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8
BEDROOMS4
BATHROOMS4
KITCHENS4 + 4
ROOMSX5199342
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-04-18 | 2021-04-22 | 4 | $899,900 | $885,000 | Sold |
2021-01-29 | 2021-04-11 | 72 | $899,900 | - | Terminated |
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Property Description
Attention Investors, Fully Rented Purpose Built 4-Plex In The Ever Growing City Of St.Catharines. Very Well Kept And Updated Building Contains Four- Two Bedroom Units All With Generous Size Bedrooms, Living Rooms And Tenants Who Care For The Place! Building Is Equipped With Fire Escapes, All Units Are Above Grade. Large Unfinished Basement Is Full Of Potential, Currently Used As Laundry And Extra Storage Space For Tenants.
Extras
Huge Rent Upside In All Units To Maximize Cash Flow. Highly Desired Central Location Close To All Parks, Schools, Transportation And Downtown St.Catharines. Always Fully Tenanted, All Units Have Separate Hydro Meters In Units.
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AMAZING value in this purpose built, 5-unit property in the desirable Western Hill neighbourhood! This property features a mix of spacious unit layouts and modern amenities with 3 x 2BR units, 1 x 1BR unit and 1 x open concept 1BR/bachelor unit. With 4 of the units above grade and one large basement unit, rentability is a breeze! Two of the units are vacant to set your own market rents or live in one yourself. The main floor also features an unfinished flex space (currently used as laundry w/ a 2pc bath), awaiting your vision to be finished into other potential income generating opportunities! With plenty of system upgrades over the years, this investment property is the perfect addition to your portfolio (roof 2017, furnace/AC 2024, windows/doors 2016). The location of this property is steps away from the St. Catharines, GO train station, one direct bus route to Brock university, and walking distance to parks, trails and all major amenities, ensuring high demand and a solid return on investment!
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