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$699,000
Status: For Sale
Investor Alert - 6.8% Cap Rate in Central St. Catharines! Meticulously updated and fully tenanted, this turnkey 3-unit investment property offers a strong 6.8% cap rate with a solid annual rental income. Each unit has been refreshed with updated flooring, kitchens, and bathrooms, providing a modern and marketable rental product. Major capital improvements include new central air (2025), roof (2018), furnace (2018), and two 100-amp electrical panels. The property also features ample parking plus a detached garage, enhancing tenant convenience and long-term appeal. Ideally located in the core of St. Catharines with quick access to highways, transit routes, shopping, and amenities, this is a strategic addition to any portfolio. A rare opportunity to secure a solid income-producing asset in a high-demand rental market.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X12703164 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :16 Jan, 2026 (27 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Niagara |
|---|---|
| Postal Code | :
L2M 5R7
|
| Price | : $699,000 |
|---|---|
| Property Taxes | :$3180.0 |
| Tax Year | :2025 |
|---|
| Bedrooms | :6 + |
|---|---|
| No. of Rooms | :9 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Cross Street | :Dieppe Rd & Welland Ave to Cosby |
| Bathrooms | :3 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :1100-1500 sqft |
| Exterior Finish | :Vinyl Siding |
|---|---|
| Parking Space | :6 |
| Basement | :Finished |
| Garage | :Detached |
|---|
16 Jan, 2026
TREB #X12703164
Listed
$699000.0
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