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Additional details
$ 499,000
Est. payment /mo
New
42 Leeper ST St. Catharines, ON L2S 2N2
2 Beds
3 Baths
UPDATED:
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
Rooms
Family Room No
Basement None
Kitchen 3
Interior
Interior Features Separate Hydro Meter, Water Heater Owned
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 59.0
Lot Depth 157.5
Total Parking Spaces 2
Building
Foundation Post & Pad
Others
ParcelsYN No
Listed by ROYAL LEPAGE NRC REALTY