4 Bedroom
3 Bathroom
1,500 - 2,000 ft2
Window Air Conditioner
Forced Air
$679,900
Well cared for 2 storey with 3 self contained units located close to downtown which has been this same continued use for over 30 years by the last 4 owners from MLS history back to at least 1993. Double driveway at the back of property wide enough for 6 cars to park. 2024 painted stucco exterior, 2024 completed fenced in backyard with 3 gates, 2023 new concrete front pad with walkway. Front covered porch for upper 2 bedroom unit with 2021 all newer flooring in bedrooms, kitchen, livingroom, 4pc bathroom and 3rd floor finished loft. 1 bedroom basement unit with 4pc bathroom, porcelain flooring in livingroom and kitchen with 2020 new cabinets and countertop. 2020 added weeping tile along back wall and bedroom wall to sump pump. 2020 refinished back deck off the main floor 1 bedroom unit with livingroom, added pot lights in eat-in kitchen with 2024 blt-in dishwasher, added wall plumbing hookups in 4pc bathroom for laundry. 2020 furnace, 2018 shingles. All separate entrances for all 3 units. 200 amp breaker panel plus added 2015 sub panel. MPAC states this property has 3 self-contained units. Buyer to do their own due diligence on the legal uses for this property. Basement unit pays $1200/mth with rent increase given to tenant for Oct 1,2025. 2nd floor unit is owner occupied and main floor unit is owner's son occupied. Both of these units will be vacant on closing date. 2nd floor suggested rent could be $1725/mth and main floor unit suggested rent could be $1525/mth. Gross income suggestion could be $53,400/yr, expenses are for the last 12 months approx $8642.48/yr so net income could be approx $44,757.52/yr. At asking price this could give a net return of approx 6.58%/yr (does not include maintenance and repairs). Financials available with all expenses receipts for last 12 months for heat, hydro, water, insurance and property tax upon an accepted offer. 1985 survey sketch and 2020 furnace receipt available. HWT in process of being bought out and owned. (id:61594)
Property Details
|
MLS® Number
|
X12248892 |
|
Property Type
|
Multi-family |
|
Community Name
|
451 - Downtown |
|
Amenities Near By
|
Hospital, Park, Public Transit |
|
Equipment Type
|
None |
|
Features
|
Sump Pump |
|
Parking Space Total
|
6 |
|
Rental Equipment Type
|
None |
|
Structure
|
Deck, Porch, Shed |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Below Ground
|
1 |
|
Bedrooms Total
|
4 |
|
Age
|
100+ Years |
|
Appliances
|
Water Heater, Water Meter, Dishwasher, Stove, Window Air Conditioner, Refrigerator |
|
Basement Development
|
Finished |
|
Basement Features
|
Separate Entrance |
|
Basement Type
|
N/a (finished) |
|
Cooling Type
|
Window Air Conditioner |
|
Exterior Finish
|
Stucco |
|
Fire Protection
|
Smoke Detectors |
|
Flooring Type
|
Porcelain Tile |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1,500 - 2,000 Ft2 |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Fully Fenced, Fenced Yard |
|
Land Amenities
|
Hospital, Park, Public Transit |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
110 Ft |
|
Size Frontage
|
40 Ft |
|
Size Irregular
|
40 X 110 Ft |
|
Size Total Text
|
40 X 110 Ft|under 1/2 Acre |
|
Zoning Description
|
R2 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Primary Bedroom |
3.94 m |
3 m |
3.94 m x 3 m |
|
Second Level |
Bedroom 2 |
2.9 m |
2.39 m |
2.9 m x 2.39 m |
|
Second Level |
Living Room |
3.38 m |
2.97 m |
3.38 m x 2.97 m |
|
Second Level |
Kitchen |
3.35 m |
2.36 m |
3.35 m x 2.36 m |
|
Third Level |
Loft |
7.11 m |
4.09 m |
7.11 m x 4.09 m |
|
Basement |
Kitchen |
4.27 m |
2.21 m |
4.27 m x 2.21 m |
|
Basement |
Primary Bedroom |
4.44 m |
3 m |
4.44 m x 3 m |
|
Basement |
Living Room |
3.38 m |
3 m |
3.38 m x 3 m |
|
Main Level |
Primary Bedroom |
3.91 m |
3.3 m |
3.91 m x 3.3 m |
|
Main Level |
Living Room |
4.22 m |
3.61 m |
4.22 m x 3.61 m |
|
Main Level |
Kitchen |
5.23 m |
3.07 m |
5.23 m x 3.07 m |
Utilities
|
Cable
|
Available |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/28528748/63-thomas-street-st-catharines-downtown-451-downtown
