43 York Street St. Catharines, Ontario L2R 6C2

6 Bedroom 5 Bathroom 1,500 - 2,000 sqft
Radiant Heat

$450,000

LEGAL DUPLEX - VACANT UPPER UNIT - EXCELLENT INVESTMENT OPPORTUNITY. Excellent opportunity to own a legal duplex in an established St. Catharines neighbourhood offering immediate rental income and strong future income potential. The main floor and lower level are occupied by great long-term tenants, providing reliable income from day one. The vacant second-floor unit gives the new owner the flexibility to select their own tenant and establish current market rent, creating an attractive opportunity to maximize overall income. For an owner-occupier, move into the vacant upper unit while benefiting from substantial rental income from the existing tenanted portion to help offset mortgage and carrying costs. The property features two self-contained units with separate private entrances and separate hydro meters. Additional features include an updated kitchen, coin laundry, private driveway, and front and rear decks. Conveniently located in the established Haig Street neighbourhood within walking distance of downtown St. Catharines, shopping, restaurants, entertainment and public transit. With legal duplex status, established tenants, a vacant upper unit, separate utilities and strong income potential, this is a compelling opportunity for investors and owner-occupiers alike. Financial and rental information available upon request. (id:62104)

Property Details

MLS® Number X13140394
Property Type Multi-family
Community Name 451 - Downtown
Parking Space Total 3

Building

Bathroom Total 5
Bedrooms Above Ground 4
Bedrooms Below Ground 2
Bedrooms Total 6
Basement Development Finished
Basement Features Walk Out, Separate Entrance
Basement Type N/a (finished), N/a, Full
Exterior Finish Brick
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 2
Size Interior 1,500 - 2,000 Sqft
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 87 Ft ,2 In
Size Frontage 41 Ft
Size Irregular 41 X 87.2 Ft
Size Total Text 41 X 87.2 Ft

https://www.realtor.ca/real-estate/29766336/43-york-street-st-catharines-downtown-451-downtown

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