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4496 Ste Catherine Street The Nation, Ontario K0C 2B0

6 Bedroom 4 Bathroom 3,000 - 3,500 ft2
Central Air Conditioning Forced Air

$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, new Sump Pump. Dont miss your chance to invest in a solid property with strong income potential and great long-term value. (id:37229)

Property Details

MLS® Number X12220567
Property Type Multi-family
Community Name 605 - The Nation Municipality
AmenitiesNearBy Park, Place Of Worship
EquipmentType Propane Tank
Features Sump Pump
ParkingSpaceTotal 13
RentalEquipmentType Propane Tank

Building

BathroomTotal 4
BedroomsAboveGround 5
BedroomsBelowGround 1
BedroomsTotal 6
Amenities Separate Heating Controls
Appliances Water Heater, Dryer, Stove, Washer, Window Coverings, Refrigerator
BasementDevelopment Partially Finished
BasementType Crawl Space (partially Finished)
CeilingType Suspended Ceiling
ConstructionStatus Insulation Upgraded
CoolingType Central Air Conditioning
ExteriorFinish Aluminum Siding, Concrete Block
FireProtection Smoke Detectors
FireplacePresent No
FoundationType Block, Stone
HalfBathTotal 1
HeatingFuel Propane
HeatingType Forced Air
StoriesTotal 2
SizeInterior 3,000 - 3,500 Ft2
Type Triplex
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
LandAmenities Park, Place Of Worship
Sewer Sanitary Sewer
SizeDepth 134 Ft
SizeFrontage 56 Ft
SizeIrregular 56 X 134 Ft
SizeTotalText 56 X 134 Ft
ZoningDescription Vc: Village Core

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/28468441/4496-ste-catherine-street-the-nation-605-the-nation-municipality

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