St. Catharines L2S 2G4
Canada

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 6 BR
Bathrooms: 3

Financials

Price:C629,000
($461,800)
(€400,500)
Annual Taxes:C4,133
505 Park Ave, New York, NY 10022

ATTENTION INVESTORS amp ; HOMEOWNERS !

Description

ATTENTION INVESTORS & HOMEOWNERS! Welcome to 63 Permilla Street - a rare opportunity to own a fully detached home with income potential and ideal location in the heart of St. Catharines. Just steps from the new GO Train station and within walking distance to the prestigious Ridley College, this property offers the perfect blend of immediate income and long-term growth potential. Whether you're looking to live in one unit while renting out the others, or fully lease all three, this property delivers flexibility 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 rear and lower units are currently vacant, allowing buyers to set market rents, while the front unit is occupied by a reliable long-term tenant of over two years. When fully rented, the property has demonstrated strong cash flow and an excellent cap rate. Set on an oversized 42 x 165 ft lot, the property also offers exciting future potential - including additional parking, enhanced outdoor space, or the possibility of a future accessory dwelling unit (ADU). A detached garage at the rear adds further value, ideal for storage or potential conversion. Located in one of the city's most up-and-coming areas, this property provides easy access to public transit, bus routes, downtown, Brock University, shopping, hospitals, and major highways. Whether you're an investor, owner-occupier, or developer, 63 Permilla Street is a versatile property that checks every box. Live it. Rent it. Build on it. The choice is yours.

Amenities

  • Other
  • Patio
  • Porch
  • Privacy

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.