$349,900
For sale: Multiplex

Look no further! This front to back 2-unit property provides AMAZING value for a freehold, detached home and a huge opportunity to generate great cash flow. Once an old church, the building has been thoughtfully converted into two charming one-bedroom apartments, each filled with distinctive architectural details that set it apart from standard rentals. Both units are vacant to achieve market rents, providing 2 private parking spots on site with all amenities within walking distance! The unique outbuilding in the rear yard is ready to be used as your imagination desires, whether a short term rental or additional space for the existing units. Great opportunity to live in one unit and rent out the other to build some significant equity. This property is your sign to get into the real estate market and take advantage of entry level pricing!
Sold data
Homes in E Chester took a median of 30 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 64, across 104 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 72 days.
The median sale price was $399,000.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 4% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 104 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
St. Catharines (E. Chester) has 47 Fraser Institute–rated schools (38 elementary and 9 secondary), averaging 7.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$349,000
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