63 Permilla Street St. Catharines, Ontario L2S 2G4

6 Bedroom 3 Bathroom 2,000 - 2,500 ft2
Central Air Conditioning Forced Air

$679,000

ATTENTION INVESTORS & HOMEOWNERS!Welcome to 63 Permilla Street, a fantastic opportunity to own a fully detached triplex in the heart of St. Catharines. Ideally situated just steps from the new GO Train station and within walking distance to the prestigious Ridley College, this property offers both immediate rental income and long-term growth potential. Whether youre looking to live in one unit while renting out the other two, or lease all three, this is a solid investment in a rapidly developing neighbourhood.Each of the three self-contained units features two spacious bedrooms, in-suite laundry, and separate entrances for added privacy. The back and lower units are currently vacant, allowing you to set market rents, while the front unit is occupied by a reliable long-term tenant of over two years. Previously fully rented, the property generated strong cash flow and an excellent cap rate. The oversized 42 x 165 ft lot opens the door to future opportunities, including additional parking, outdoor space, or a potential accessory dwelling unit (ADU). A detached garage at the rear of the property adds further value, offering potential for conversion or additional storage.This property is located in one of St. Catharines most up-and-coming areas, with convenient access to public transit, bus routes, downtown, Brock University, shopping, hospitals, and major highways. Whether youre an investor, homeowner, or developer, 63 Permilla Street is a property that delivers flexibility, income potential, and location all in one.Live it. Rent it. Build on it the choice is yours. (id:61594)

Property Details

MLS® Number X12290185
Property Type Multi-family
Community Name 459 - Ridley
Parking Space Total 3
Structure Patio(s)

Building

Bathroom Total 3
Bedrooms Above Ground 4
Bedrooms Below Ground 2
Bedrooms Total 6
Age 51 To 99 Years
Appliances Dryer, Stove, Washer, Refrigerator
Basement Development Finished
Basement Type Full (finished)
Cooling Type Central Air Conditioning
Exterior Finish Brick, Stucco
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type Triplex
Utility Water Municipal Water

Parking

Carport
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 165 Ft
Size Frontage 42 Ft
Size Irregular 42 X 165 Ft
Size Total Text 42 X 165 Ft
Zoning Description R2

Rooms

Level Type Dimensions
Second Level Bedroom 3.53 m x 4.67 m
Second Level Bedroom 4.29 m x 5.54 m
Basement Kitchen 4.14 m x 3.15 m
Basement Living Room 5.41 m x 3.15 m
Basement Bedroom 4.8 m x 3.02 m
Basement Other 2.44 m x 1.65 m
Main Level Kitchen 3.53 m x 2.01 m
Main Level Living Room 4.67 m x 5.44 m
Main Level Sunroom 4.47 m x 1.78 m
Main Level Dining Room 3.3 m x 4.22 m
Main Level Bedroom 2.67 m x 3.23 m
Main Level Bedroom 2.95 m x 3.53 m
Main Level Kitchen 2.67 m x 3.61 m
Main Level Living Room 3.68 m x 3.84 m

https://www.realtor.ca/real-estate/28617035/63-permilla-street-st-catharines-ridley-459-ridley

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