Prime turnkey investment opportunity in a highly desirable central St. Catharines location, situated in the vibrant Queenston neighbourhood. This fully tenanted fourplex offers immediate, reliable cash flow with a total monthly rental income of $4,930 (Unit 1: $1,250; Unit 2: $1,280; Unit 3: $1,100; Unit 4: $1,300). The property features four fully renovated, self-contained units, each with a separate entrance, including a spacious 2-bedroom basement suite. Extensively updated throughout, with improvements including newer wiring, plumbing, windows, and siding, along with durable laminate and ceramic flooring. All four units are equipped with updated 4-piece bathrooms finished in ceramic tile. Each unit offers a bright, functional eat-in kitchen with updated cabinetry and countertops, while select units benefit from the added convenience of in-suite laundry. Separately metered for efficiency and ease of management, this property is ideally positioned within walking distance to public transit, schools, local shops, and dining, with quick access to the QEW and major commuting routes. An excellent opportunity for investors seeking a well-maintained, income-generating asset in a growing and accessible location. Some photos have been virtually staged.
| MLS # | 40854564 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 13 |
| Listing Provided By | RE/MAX Aboutowne Realty Corp. | Duncan Harvey |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,374 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | M1 |
| Acreage | 0.09 |
| Interior Features | Separate Hydro Meters |
|---|---|
| Cooling | Wall Unit(s) |
| Cooling Yes / No | No |
| Heating | Baseboard, Electric |
| Heating Yes / No | Yes |
| Laundry Features | Other |
| Lot Features | City Lot, Park, Place of Worship, Public Transit, Rec./Community Centre, Schools, Shopping Nearby |
|---|---|
| Construction Materials | Vinyl Siding |
| Roof | Asphalt Shing |
| Open Parking Yes / No | Yes |
|---|
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 3709 |
|---|
| Province | ON |
|---|---|
| Region | Niagara |
| City | St. Catharines |
| Postal Code | L2R 2Z3 |
| Area | St. Catharines |
| Subarea | 450 E. Chester |
| Community Name | 450 E. Chester |
| Listing VS Median (in 450 E. Chester) | |
Price: $649,900 low | high Med: $399,900 sqft: 2,374 low | high Med: 1,005 $ / sqft: $274 low | high Med: $398 On site: 13 low | high Med: 47.5 | |
| Province | ON |
|---|---|
| Region | Niagara |
| City | St. Catharines |
| Postal Code | L2R 2Z3 |
| Area | St. Catharines |
| Subarea | 450 E. Chester |
| Community Name | 450 E. Chester |
| Listing VS Median (in 450 E. Chester) | |
Price: $649,900 low | high Med: $399,900 sqft: 2,374 low | high Med: 1,005 $ / sqft: $274 low | high Med: $398 On site: 13 low | high Med: 47.5 | |