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St. Catharines,ON L2R 5K9
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 451 - Downtown
MLS Listing ID X12476171
Style 3-Storey
Bedrooms 6
Annual Tax Amount $4,046
Tax Year 2025
Property Sub-Type Multiplex
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.
Location
Province ON
County Niagara
Community 451 - Downtown
Area Niagara
Rooms
Family Room No
Basement Full,Partially Finished
Kitchen 5
Separate Den/Office 1
Interior
Interior Features Separate Hydro Meter
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 58.6
Lot Depth 117.0
Total Parking Spaces 5
Building
Foundation Concrete Block
Others
ParcelsYN No