4 Manchester Avenue, St. Catharines

Price: $499,900

5 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Multi-Family

MLS#: X13469520

Turnkey Triplex with Strong Cash Flow Just Minutes from Downtown St. Catharines. Fully tenanted and well-maintained, this income-generating property features three all-inclusive units: two spacious 2-bedroom units and one 1-bedroom unit, each with its own 4-piece bathroom.The upper and lower units were extensively renovated in 2020 with updated kitchens, bathrooms, flooring, appliances, and fresh paint. Additional improvements include newer second-floor windows and a sump pump, both installed in 2020, helping minimize future maintenance costs.Conveniently located near downtown, transit, shopping, restaurants, parks, and other amenities, the property benefits from strong rental demand and immediate cash flow. An excellent opportunity for investors seeking a turnkey asset or first-time buyers looking to significantly offset their mortgage with rental income.

4 Manchester Avenue - Multi-Family photo 1 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 2 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 3 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 4 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 5 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 6 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 7 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 8 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 9 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 10 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 11 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 12 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 13 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 14 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 15 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 16 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 17 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 18 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 19 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 20 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 21 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 22 of 23 in St. Catharines, Ontario
4 Manchester Avenue - Multi-Family photo 23 of 23 in St. Catharines, Ontario
active
1/23

$499,900 - 4 Manchester Avenue, St. Catharines

Multi-Family for Sale in St. Catharines

Neighbourhood: 452 - Haig

5Beds
3Baths
1,100 - 1,499Sq Ft
Multi-Family
Property Details
MLS Number
X13469520
Property Type
Multi-Family
Status
active
Days on Site
16
Bedrooms
5
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
St. Catharines
Listing Brokerage
RE/MAX NIAGARA REALTY LTD, BROKERAGE
Description

Turnkey Triplex with Strong Cash Flow Just Minutes from Downtown St. Catharines. Fully tenanted and well-maintained, this income-generating property features three all-inclusive units: two spacious 2-bedroom units and one 1-bedroom unit, each with its own 4-piece bathroom.The upper and lower units were extensively renovated in 2020 with updated kitchens, bathrooms, flooring, appliances, and fresh paint. Additional improvements include newer second-floor windows and a sump pump, both installed in 2020, helping minimize future maintenance costs.Conveniently located near downtown, transit, shopping, restaurants, parks, and other amenities, the property benefits from strong rental demand and immediate cash flow. An excellent opportunity for investors seeking a turnkey asset or first-time buyers looking to significantly offset their mortgage with rental income.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

$
$
5%10%50%

5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

Neighbourhood Guide: 452 - Haig

Discover 452 - Haig

452 - Haig is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 452 - Haig

  • Convenient location in St. Catharines
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

452 - Haig offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

4 Manchester Avenue, St. Catharines

Open in Google Maps

Use the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.

Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
7.5%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$3,142

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $454/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in St. Catharines.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About 452 - Haig

I know 452 - Haig well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

Similar Properties Nearby

Active listings in St. Catharines with similar features

Search
Log in
    4 Manchester Avenue, St. Catharines | $499,900 | Battaglia Team