7 Bedroom
4 Bathroom
2000 - 2500 sqft
Central Air Conditioning
Forced Air
$689,900
Live Comfortably for Less - While Building Wealth! Why choose between a beautiful home and a smart investment when you can have both? Welcome to this spacious, legal 2.5-storey triplex, offering a rare opportunity to live affordably in a full 4-bedroom home while generating steady rental income from two fully leased units. Whether you're an investor seeking strong cash flow or a homeowner looking for a lifestyle upgrade with mortgage relief, this property checks every box. Unit 1 - Your Future Home or Premium Owner's Suite. This is not your typical landlord unit. Spread across two and a half sun-filled stores, the main home offers: 4 generous bedrooms, 2 full bathrooms, A bright living and dining space with a charming decorative fireplace, Main floor Den or home office. A large kitchen ideal for hosting or family meals. Second-floor laundry for total convenience. Perfect for families, work-from-home professionals, multi-generational living, or anyone seeking comfort paired with financial freedom. Live here for under $1,600/month with rental income covering the rest! Units 2 & 3 - Reliable Income, Vacant Unit 2 - Basement Apartment, a spacious suite with a separate entrance, updated kitchen, 4-piece bath, and two generous bedrooms. Ideal for long-term rental stability. Unit 3 - Back Unit, A bright 1-bedroom apartment featuring its own kitchen and 3-piece bath - perfect for singles, students, or couples. Both units provide immediate, consistent income and make this property cash-flow positive from day one. Garage, Bonus Space & Expansion Potential. The detached 2.5-car garage (20x23 ft) with hydro adds tremendous value - use it for storage, a workshop, or explore: Conversion into a fourth rental unit. Creating a trendy coach house, adding a secondary dwelling on the existing pad. A rare chance to grow your income even further. Easy operation with onsite superintendent couple. (id:60365)
Property Details
|
MLS® Number
|
X12612142 |
|
Property Type
|
Multi-family |
|
Community Name
|
216 - Dorchester |
|
EquipmentType
|
Water Heater |
|
ParkingSpaceTotal
|
7 |
|
RentalEquipmentType
|
Water Heater |
Building
|
BathroomTotal
|
4 |
|
BedroomsAboveGround
|
7 |
|
BedroomsTotal
|
7 |
|
Amenities
|
Separate Electricity Meters |
|
BasementFeatures
|
Apartment In Basement |
|
BasementType
|
N/a |
|
CoolingType
|
Central Air Conditioning |
|
ExteriorFinish
|
Stucco, Vinyl Siding |
|
HalfBathTotal
|
1 |
|
HeatingFuel
|
Natural Gas |
|
HeatingType
|
Forced Air |
|
StoriesTotal
|
3 |
|
SizeInterior
|
2000 - 2500 Sqft |
|
Type
|
Triplex |
|
UtilityWater
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
SizeDepth
|
181 Ft |
|
SizeFrontage
|
40 Ft |
|
SizeIrregular
|
40 X 181 Ft |
|
SizeTotalText
|
40 X 181 Ft |
Utilities
|
Cable
|
Available |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/29173752/6175-barker-street-niagara-falls-dorchester-216-dorchester