224 Ontario Street, St. Catharines, ON Image 1

$849,000

Triplex For Sale
MLS - #X12228460
Jun 18- By RE/MAX GARDEN CITY REALTY INC.

224 Ontario Street, St. Catharines, ON L2R 5L1

8 Bed
5 Bath
2000-2500 Sqft.
Detached Garage

Property Description

Property type

Triplex

Lot size

N/A

Style

2-Storey

Approx. Area

2000-2500 Sqft

About 224 Ontario Street

Great Investment Opportunity. Triplex with Bonus 2 bedroom Basement Apartment. Located at the Heart of Downtown St. Catharines, 224 Ontario Street is on a bus route, a short walk to Montebello Park, Close to Restaurants, Shops, Theatres, Superstore, the QEW, 4th Avenue Shopping, and the Hospital. The building has had Extensive Renovations since 2018. New Windows Throughout, New Siding, All new Pavement allowing for 10 Parking Spots. New Concrete floor and Sectional Roll-up and Man door in Double Detached Garage. New Boiler, Separate Hydro Meters, Lots of New Plumbing and Loads of Upgrades to the Apartments. The building contains 3 Fabulous units: the Main Floor is a one bedroom plus living room, unit has ample storage places, a fully equipped kitchen and a 3pc bathroom; the Second Floor unit has 4 bedrooms, 2 - 3 pc bathrooms, charming enclosed balcony that can extend the living space; the 3rd unit is a bachelor Apartment at the Side of the Building with bright living space, kitchen and a 3pc bathroom. Basement has been fully Renovated, it has 2 bedrooms, kitchen and a 3pc bathroom. Upper unit is Vacant as well as the Double Garage. This Building Produces Great income and Potential Returns on Investment. Bachelor unit is leased at $785 per month, Main Floor 1 bedroom leased at $1250 per month. Upper Vacant Unit has at Least $2400 per month Potential Income or could be Owner Occupied. Basement is leased at $1300 per month and Garage has a $300 per month Potential Income. This Building can Produce a Solid Return on Investment. It's Time to Make This Your Niagara Investment Property.

Home Overview

Last updated

Jun 18

Virtual tour

None

Basement information

Finished with Walk-Out

Building size

--

Status

In-Active

Property sub type

Triplex

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Finished with Walk-Out
Cooling:Wall Unit(s)
Heating:Water
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
84900000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 224 Ontario Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Some information about this property - Ontario Street

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