63 PERMILLA STREET Active Save Request In-Person Tour Request Virtual Tour
St. Catharines (ridley),ON L2S2G4
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $339
Subdivision 459 - Ridley
MLS Listing ID X12290185
Bedrooms 6
Source Niagara Association of REALTORS®
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 3.53 m X 4.67 m Bedroom
Extra Room 2 Second level 4.29 m X 5.54 m Bedroom
Extra Room 3 Basement 4.14 m X 3.15 m Kitchen
Extra Room 4 Basement 5.41 m X 3.15 m Living room
Extra Room 5 Basement 4.8 m X 3.02 m Bedroom
Extra Room 6 Basement 2.44 m X 1.65 m Other
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Virtual Tour https://view.spiro.media/order/db5d0b4a-98f7-48b8-e6eb-08ddbef8b001