Address
25 Ottawa Street, St. Catharines (Downtown), ON
Price
$ 2,400,000

Your Agent

Anna Mochol

Sales Representative

905-650-4878


Listing provided by Anna Mochol, Sales Representative, REMAX Garden City Realty Inc

Property Attributes
  • ID#X13587158
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalitySt. Catharines (Downtown)
  • CitySt. Catharines (Downtown)
  • Area451 - Downtown
  • Neighbourhood451 - Downtown
  • Postal CodeL2R 1Z1
  • Style
  • Price$ 2,400,000
  • Bedrooms11
  • Bathrooms11
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Renovated 11 apartment building, 11 one bedroom apartments. This property has been well cared for by the same owner for the past 22 years and is in a central location with a high rental demand. The owner believes in spending money to upgrade the building which attracts a good quality tenant, higher rents and limited maintenance calls. All 11 apartments have been renovated at different stages. Unit #9 just finished a renovation including quartz countertops and Unit #6 is currently undergoing a full renovation and will be completed this month (July). Renovations include, new kitchen cupboards, counter tops, appliances including dishwashers. Bathrooms updated with bath fitter tub surrounds and new vanities. There are two sets of coin washer and dryers (2023), modern entrance buzzers front and back entrance (2022) pitched roof asphalt shingles (approx 2012), all replacement vinyl windows. Separate hydro meters with updated breaker panels in each unit. There is a large clean boiler utility room, great for storage or small work area. All tenants accept for one pay their own hydro. The owner subsidizes one units hydro up to a maximum of $50 per month. There are no rental items or contracts associated with the property. Preferred closing date is December 2026. Fire retro-fitting complete, with yearly fire inspection certificates available. (id:7434)

General Features

Features Carpet Free
Property Type Multi-family
CommunityName 451 - Downtown
Building Amenities Separate Electricity Meters
Building Appliances Intercom, Water Heater, Water meter
Building Cooling Type None, Window air conditioner
Location Description Cross Streets: Wiley St. / Geneva St. / Niagara St. ** Directions: Welland Ave head North on Wiley St. and Left on Ottawa St.
Parking Space Total 6
Foundation Type Block
Building Type Other
Building.StoriesTotal 3

Interior Features

Building Fireplace Present False
Building Heating Type Radiant heat
Building Heating Fuel Electric, Natural gas
Basement Development Finished
Basement Type N/A (Finished)
Living Area Range 5000
Bedrooms 11

Exterior Features

Sewer Sanitary sewer
Exterior Finish Brick Veneer

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L2R 1Z1

Price
AVG $2.4M
$2.4M

Your Agent

Anna Mochol

Sales Representative

905-650-4878


Listing provided by Anna Mochol, Sales Representative, REMAX Garden City Realty Inc

Listed By
RE/MAX GARDEN CITY REALTY INC, BROKERAGE