SHARON SOLTANIAN, Broker Of Record - SOLTANIAN REAL ESTATE INC

$1,250,000

Available - For Sale

Listing ID: X12002528

3 Francis Stre , St. Catharines, L2R 5B1, Niagara

Welcome To This Great Opportunity To Own This Two Storey Multiplex Property. This Income Property Is Located Downtown, Near Public Transit, Hospital, Schools, Montebello Park, Close To Highway And Amenities. Four Units Are Fully Renovated With Waterproof Luxury Vinyl Plank Floors, New Three Piece Bathroom, Light Fixtures, Beautiful White Modern Cabinets, Stainless Steel Stove, Over The Range Microwave, Dishwasher, Washer & Dryer, 5 Separate Hydro Meters. Every Unit Comes With A Separate Large Storage Locker. Monthly Rental Income of $7,263 and Low Expenses, Tenants Pay For The Hydro. So Many Updates Were Done In The Past Four Years, Upgraded Hallways And Stairs 2023, New Concrete Driveway 2023 New Windows in three units 2022, New roof 2021, New Fence 2022 All Around The Property, Exterior Fire Escape Stairs 2022, New Furnace 2022 (Owned), New Boiler 2022 (Owned), Four New Electrical Panels. Full Income And Expenses Available Upon Request. **Extras: Garden Shed.

Price	$1,250,000
Taxes:	$5025.00
Assessment Year:	2024
Occupancy:	Partial
Address:	3 Francis Stre , St. Catharines, L2R 5B1, Niagara
Acreage:	< .50
Directions/Cross Streets:	Off Welland Ave

Rooms:	14
Bedrooms:	10
Bedrooms +:	0
Family Room:	T
Basement:	Partially Fi

Level/Floor

Room

Length(ft)

Width(ft)

Descriptions

Room 1

Main

Living Ro

24.9

9.97

Laminate, Window, Combined w/Dining

Room 2

Main

Living Ro

24.9

9.97

Laminate, Window, Combined w/Dining

Room 3

Second

Living Ro

24.9

9.97

Laminate, Window, Combined w/Dining

Room 4

Second

Living Ro

24.9

9.97

Laminate, Window, Closet

Room 5

Main

Primary B

11.02

9.97

Laminate, Closet, Window

Room 6

Main

Bedroom 2

9.97

Laminate, Closet, Window

Room 7

Second

Primary B

11.02

9.97

Laminate, Closet, Window

Room 8

Second

Bedroom 2

9.97

Laminate, Closet, Window

Room 9

Main

Primary B

11.02

9.97

Laminate, Closet, Window

Room 10

Main

Bedroom 2

9.97

Laminate, Closet, Window

Room 11

Second

Primary B

11.02

9.97

Laminate, Closet, Window

Room 12

Second

Bedroom 2

9.97

Laminate, Closet, Window

Washroom Type

No. of Pieces

Level

Washroom Type 1

Main

Washroom Type 2

Main

Washroom Type 3

Second

Washroom Type 4

Second

Washroom Type 5

Basement

Washroom Type 6

Main

Washroom Type 7

Main

Washroom Type 8

Second

Washroom Type 9

Second

Washroom Type 10

Basement

Total Area:	0.00
Approximatly Age:	51-99

Property Type:	Multiplex
Style:	2-Storey
Exterior:	Stucco (Plaster)
Garage Type:	None
(Parking/)Drive:	Private Do
Drive Parking Spaces:	4
Park #1
Parking Type:	Private Do
Park #2
Parking Type:	Private Do
Pool:	None
Other Structures:	Garden Shed
Approximatly Age:	51-99
Approximatly Square Footage:	1500-2000
Property Features:	Fenced Yard, Public Transit

CAC Included:	N
Water Included:	N
Cabel TV Included:	N
Common Elements Included:	N
Heat Included:	N
Parking Included:	N
Condo Tax Included:	N
Building Insurance Included:	N
Fireplace/Stove:	N
Heat Type:	Radiant
Central Air Conditioning:	None
Central Vac:	N
Laundry Level:	Syste
Ensuite Laundry:	F
Elevator Lift:	False
Sewers:	Sewer
Utilities-Cable:	Y
Utilities-Hydro:	Y

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Heating:

$ /Year

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Other Debt:

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Amortization:

Years

GDS:

TDS:

Percent Down:
Down Payment	$112,490	$224,980	$337,470	$449,960
First Mortgage	$2,137,310	$2,024,820	$1,912,330	$1,799,840
CMHC/GE	$85,492.4	$62,769.42	$53,545.24	$0
Total Financing	$2,222,802.4	$2,087,589.42	$1,965,875.24	$1,799,840
Monthly P&I	$10,969.13	$10,301.88	$9,701.24	$8,881.88
Expenses	$0	$0	$0	$0
Total Payment	$10,969.13	$10,301.88	$9,701.24	$8,881.88
Income Required	$411,342.3	$386,320.36	$363,796.46	$333,070.69

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Amortization :

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Your Payment:

$5,551.18

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Disclosure Statement

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing -1 of 0

Sharon Soltanian

Broker Of Record

Dir:

416-892-0188

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416-901-8881

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At a Glance:

Type:	Freehold - Multiplex
Area:	Niagara
Municipality:	St. Catharines
Neighbourhood:	451 - Downtown
Style:	2-Storey
Lot Size:	x 85.63(Feet)
Approximate Age:	51-99
Tax:	$5,025
Maintenance Fee:	$0
Beds:	10
Baths:	5
Garage:	0
Fireplace:	N
Air Conditioning:
Pool:	None

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