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Royal LePage
Royal LePage
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$999,000

St. Catharines ON, L2R 5K9

MLS® # 40780586

Property Information:

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.

Inclusions: Other,Dryers, Refrigerators, Stoves, Washers

Building Features:

  • Floor Space: 3000 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Full, Partially Finished
  • Construction Materials: Brick
  • Cooling: Other
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 3000 Square Feet
  • Heating: Forced Air, Natural Gas, Radiant
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Common Area
  • Lot Depth: 117 Feet
  • Lot Features: Rectangular, City Lot, Hospital, Public Transit, Shopping Nearby
  • Lot Frontage: 58.60 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: M1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: RE/MAX Escarpment Golfi Realty Inc.

This listing content provided by Brokers PlaybookTM

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Location of 180 Ontario Street, St. Catharines, ON, L2R 5K9

Demographic Information of 180 Ontario Street, St. Catharines, ON, L2R 5K9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$100,528.41

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.95 %

High school certificate or equivalent

31.0 %

Apprenticeship trade certificate/diploma

6.24 %

College/non-university certificate

22.46 %

University certificate (below bachelor)

0.68 %

University Degree

25.68 %

Commuter

Travel To Work

By Car

84.64 %

By Public Transit

3.1 %

By Walking

5.82 %

By Bicycle

0.43 %

By Other Methods

6.01 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.78 %

Houses

77.22 %

Own Vs. Rent

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