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$999,900
Est. payment /mo
7 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 451 - Downtown
MLS Listing ID X12705654
Style 2-Storey
Bedrooms 7
Annual Tax Amount $4,011
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Excellent opportunity to add a turnkey, cash-flowing Fourplex to your investment portfolio. Located in the heart of St.Catharines within walking distance to public transit, easy access to the QEW and everyday amenities. The property features four well-maintained, spacious units, all fully tenanted at strong market rents. Unit Breakdown: (#1) Main Floor Unit: 3 bedrooms, 1 4PC bathroom rented @ $1,925/month + hydro. (#2) Upper Rear Unit: 1 bedroom, 1 4PC bathroom rented @ $1,485/month + hydro. (#3) Upper Front Unit : 1 bedroom, 4PC bathroom rented @ $1,475/month + hydro. (#4) Basement Unit: 2 bedrooms, 1 3PC bathroom rented @ $1,595/month + hydro. Each unit is separately metered. All tenants have access to a designated washer & dryer with the upper units having en-suite laundry and the main and basement units sharing a common laundry area (again with separate washer & dryer sets). Additional income is generated from the detached garage, currently rented for $40/month. The property has been consistently maintained over the years with recent updates including: Roof (2020) Electric Panels (2021), Flooring in all units (2020-2023), Boiler (2020), Tankless HWH (2020), Garage Door (2020) , Some windows (2020-2024), Some plumbing and electrical upgrades (2020-2023). Baseboard Heaters in unit #3 & #4 and Safe'n'Sound insulation and new Type X drywall in #4 ceiling (~ 2020). Financial information available upon request. Book your showing today! RSA.*
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room No
Basement Full, Separate Entrance
Kitchen 4
Separate Den/Office 2
Interior
Interior Features Other
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 35.0
Lot Depth 104.0
Total Parking Spaces 2
Building
Building Age 51-99
Unit Features Fenced Yard,Park,Place Of Worship,School,Other,Public Transit
Foundation Poured Concrete
Others
ParcelsYN Yes
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Listed by ROCK STAR REAL ESTATE INC.
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