HN
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$599,000

63 Permilla Street, St. Catharines, ON L2S 2G4, St. Catharines, ON

St. Catharines, ON L2S 2G4
6 beds 3 baths Triplex

About this home

Attention investors and homebuyers, welcome to 63 Permilla Street. Here's your chance to own a fully detached income property in one of St. Catharines high demand areas of St. Catharines neighbourhoods.Ideally located within steps from the new GO Train station and Ridley College, this property offers strong income potential with long term upside. Whether you want to live in one suite and generate income or maximize it as an investment, there's a lot of flexibility here. The property offers multiple self contained living spaces, each with two bedrooms, private entrances and their own in suite laundry, making it appealing for investors and multigenerational living alike. Sitting on an oversized 42 x 165 ft lot, there's added upside here too, whether it's more parking, outdoor space or shared common space. The detached garage at the rear only adds to the possibilities of an ADU or a potential for an accessory dwelling.(buyer to verify). Close to downtown, Brock University, shopping, hospitals, transit and major highways, this is an opportunity that blends income, flexibility and future potential.

Property Score

57/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
60/100good
GO Transit, LRT, and bus access from this neighborhood.
Schools
68/100good
Based on local school rankings (Fraser Institute proxy).
Affordability
87% of city avggood
Priced below St. Catharines's average of $685,000.
Appreciation Trend
+1.5%/yrgood
St. Catharines has seen +1.5% YoY price change.
Monthly Cash Flow
-$1,283/mopoor
Estimated -$1,283/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
3.04%good
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13056558
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.