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180 Ontario Street St. Catharines, Ontario L2R 5K9

6 Bedroom 5 Bathroom 3000 sqft
Forced Air, Radiant Heat

$999,000

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:63008)

Property Details

MLS® Number 40780586
Property Type Multi-family
AmenitiesNearBy Hospital, Public Transit, Shopping
ParkingSpaceTotal 5

Building

BathroomTotal 5
BedroomsTotal 6
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ExteriorFinish Brick
HeatingFuel Natural Gas
HeatingType Forced Air, Radiant Heat
StoriesTotal 3
SizeInterior 3000 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Hospital, Public Transit, Shopping
Sewer Municipal Sewage System
SizeDepth 117 Ft
SizeFrontage 59 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription M1

https://www.realtor.ca/real-estate/29010301/180-ontario-street-st-catharines

Rob Golfi
Salesperson


RE/MAX Escarpment Golfi Realty Inc.
1 Markland Street
Hamilton, Ontario L8P 2J5

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