4496 Ste Catherine Street The Nation, Ontario K0C 2B0
$449,999
A must-see investment opportunity in the heart of St. Isidore, just 45 minutes from Ottawa or Cornwall. This well-maintained triplex is currently owner-occupied, generating a CAP rate of 2.04% with the potential to increase to 8.52% within the year. Unit A (owner-occupied) is a spacious 3+1 bedroom, 1.5 bath unit with ample storage, a partially finished basement, and a 1.5-car attached garage. Unit B is a 1-bedroom, 1-bath unit recently renovated throughout, excluding only the tub and built-in bathroom cabinets. Unit C offers a generous layout with 1 bedroom, an office, and a storage room. All tenants are A+ and maintain their units well. Over $40,000 in upgrades have been completed in the past five years, including a propane furnace and central air conversion (2020), metal roof on Unit A and flat roof on Unit C and garage (2021), thermal insulation in Unit C crawl space (2022), new windows in Units A & B, new exterior door and siding (Unit B), and a full interior renovation of Unit B with luxury vinyl plank flooring and updated kitchen (2023). Additional updates in (2024) include concrete work in the tunnel and garage north wall interior. In (2025), a new drop ceiling in Unit As basement, updated plumbing stack, taps, tub surround, and the north exterior concrete wall of the garage (to be completed prior to closing). Dont miss your chance to invest in a solid property with strong income potential and great long-term value. (id:43934)
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Property Details
| MLS® Number | X12220567 |
| Property Type | Multi-family |
| Community Name | 605 - The Nation Municipality |
| Amenities Near By | Park, Place Of Worship |
| Equipment Type | Propane Tank |
| Features | Sump Pump |
| Parking Space Total | 13 |
| Rental Equipment Type | Propane Tank |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 6 |
| Amenities | Separate Heating Controls |
| Appliances | Water Heater, Dryer, Stove, Washer, Window Coverings, Refrigerator |
| Basement Development | Partially Finished |
| Basement Type | Crawl Space (partially Finished) |
| Ceiling Type | Suspended Ceiling |
| Construction Status | Insulation Upgraded |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Concrete Block |
| Fire Protection | Smoke Detectors |
| Foundation Type | Block, Stone |
| Half Bath Total | 1 |
| Heating Fuel | Propane |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,000 - 3,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship |
| Sewer | Sanitary Sewer |
| Size Depth | 134 Ft |
| Size Frontage | 56 Ft |
| Size Irregular | 56 X 134 Ft |
| Size Total Text | 56 X 134 Ft |
| Zoning Description | Vc: Village Core |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
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June 14 2025 02:21:02
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