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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 499,000

Est. payment | -/mo

2 Beds

3 Baths

Save

$ 499,000

Est. payment | -/mo

Save

2 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 458 - Western Hill

MLS Listing ID X12975544

Style 2-Storey

Bedrooms 2

Annual Tax Amount $3,230

Tax Year 2025

Property Sub-Type Triplex

Property Description

Welcome to 42 Leeper Street - A Triplex with Income & Development Potential! Featuring two spacious one-bedroom units and a cozy bachelor unit - perfect for living on the main floor while the upper units help to offset your mortgage. Sitting on an expansive lot (57' x 157.5') with R2 zoning, this property offers exciting development possibilities, including the potential to add an accessory dwelling unit (ADU). The City of St. Catharines ADU Program supports qualifying homeowners who want to create a secondary unit on their property, offering a one-time grant to help offset project costs. This program encourages additional rental housing in the city and can increase the property's income potential. Ideally located within walking distance to the St. Catharines GO Train Station and vibrant Downtown, you'll enjoy easy access to local shops, cafes, restaurants, and entertainment venues including the Performing Arts Centre and Meridian Credit Union Centre. Convenience is at your fingertips with nearby shopping centres, Brock University, and Niagara Health - Marotta Family Hospital all just minutes away. This property combines investment potential, possible development opportunities, and a prime location. It is perfect for a first-time homebuyer looking for an affordable entry into homeownership with future income potential, or an investor seeking a reliable property with immediate cash flow and possible long-term development opportunities. Come see all that 42 Leeper has to offer!

Location

Province ON

County Niagara

Area Niagara

Zoning R2

Rooms

Family Room No

Basement None

Kitchen 3

Interior

Interior Features Separate Hydro Meter, Water Heater Owned

Cooling Window Unit(s)

Inclusions 2x Fridge, 2x Stove, Washer and Dryer, one Window Air Conditioning Unit

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 59.0

Lot Depth 157.5

Total Parking Spaces 2

Building

Foundation Post & Pad

Others

Senior Community No

ParcelsYN No

Listed by ROYAL LEPAGE NRC REALTY

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42 Leeper ST St. Catharines, ON L2S 2N2