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$ 999,000
Est. payment /mo
Active
180 ONTARIO Street St. Catharines, ON L2R5K9
6 Beds
5 Baths
3,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $333
Subdivision 451 - Downtown
MLS® Listing ID 40780586
Bedrooms 6
Property Sub-Type Freehold
Source Cornerstone Association of REALTORS®
Property Description
Well-maintained downtown five plex — a rare and exceptional investment opportunity in the heart of St. Catharines. Ideally located just steps from Montebello Park, close to the new hospital, and within walking distance to downtown shops, restaurants, and public transit, this almost 3,000 sq. ft. building offers strong, stable income with minimal upkeep. The property includes four self-contained one-bedroom units and one two-bedroom unit, each with private kitchen, living area, and bathroom. Fully rented to excellent tenants on month-to-month leases, the building generates over $56,000 in net annual income. Each unit has a separate hydro meter, 1-unit hydro included, adding value and convenience for tenants. Additional highlights include on-site parking for five vehicles and shared laundry facilities. With its efficient layout, great tenants, and downtown location, this turnkey five plex is a fantastic opportunity to own a solid, low-maintenance investment property in a thriving area. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Forced air, Radiant heat,
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Escarpment Golfi Realty Inc.
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