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PATRICIA BUTCHER

Broker
100% Club
Phone:(905) 641-1110
Mobile:(905) 988-8193
Fax:(905) 563-6904

Garden City Realty Inc., Brokerage St.Catharines

145 CARLTON STREET, BOX 1448,
ST. CATHARINES, ONTARIO ON
L2R7J8
CA

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Listing Presented by PATRICIA BUTCHER, Broker with Garden City Realty Inc., Brokerage St.Catharines  (905) 641-1110
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Contact:PATRICIA BUTCHER, Broker
Garden City Realty Inc., Brokerage St.Catharines
Direct Line:(905) 641-1110
Mobile:(905) 988-8193
Fax:(905) 563-6904
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MLS®#: 40557238 $1,689,900 3-5 College Street St. Catharines ON L2R 2W6
Active
Description: Solid and well-built 3 story, 6-unit residential apartment building in an outstanding downtown St. Catharines location. Situated directly between historically relevant Yates Street and Montebello Park, on a quiet side street just a few doors down from public transit. This apartment building has 4 two-bedroom apartments, and 2 large one-bedroom units, each with a full bathroom. The location and quality of the apartments is always in demand, resulting in A+ tenants, and virtually no vacancy. Many updates have been done over the years, including furnace replacements, most roof areas, some windows, aluminum eaves, fascia, soffit and capping, exterior paint, hot water tank replacements, and updates to some of the kitchens, bathrooms and floors. Each unit has its own hydro panel, and tenants pay their own electricity. All units are also equipped with a dedicated gas account to heat their own hot water, with an independent hot water tank per unit. Tenant pays their own gas bill, and landlord pays separate gas bill which is exclusively for the 2 high efficiency forced air gas furnaces. A full and high basement provides common laundry for all tenants, plenty of storage, and may be an opportunity to expand residential living space for future owners. This investment is a rare find on a mature tree lined street, in an exclusive residential neighborhood. A short urban walk to The First Ontario Performing Arts Centre, The Meridan Centre Arena, City Hall and Market Square, and some of Niagara's finest restaurants, cafes, and culinary explorations. Close the Niagara wine route, daily service Go Train, and the central transit hub.
Directions: YATES ST & MONTEBELLO PARK- OFF ONTARIO ST IN HISTORICAL DOWNTOWN ST. CATHARINES
Property Type:
Residential Income
Property Sub-Type:
Apartment
Area:
St. Catharines
Square Feet:
6870
Bedrooms:
10
Total Bathrooms:
6
Age:
0
Basement:
Full, Unfinished
Neighborhood:
451 - Downtown
County:
Niagara
Lot Dimensions:
101.9 x 70
Taxes:
$10,734.00
Tax Year:
2024
Total Units:
6
Cooling:
None
Exterior:
Stucco
Heat:
Forced Air, Natural Gas
Roof:
Asphalt Shing
Sewer:
Sewer (Municipal)
Water:
Municipal
Zoning:
RC


Financing:
Taxes:
$10,734.00
Insurance:
$5,768.00
Net Op Income:
$108,908.00

FEATURES: Basement
Listing Provided By:
List Office: RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Trademarks owned or controlled by The Canadian Real Estate Association. Used under license.


Information Deemed Reliable But Not Guaranteed.
Niagara MLS Last Updated: 5/2/2024 1:38:00 PM
Niagara MLS Last Updated: 5/2/2024 1:59:05 PM
Niagara MLS Last Updated: 5/2/2024 1:47:04 PM
Niagara MLS Last Updated: 5/2/2024 1:47:00 PM
REALTOR® Assoc. of Hamilton-Burlington Last Updated: 5/2/2024 4:47:15 PM
RE/MAX Garden City Realty Inc., Brokerage
145 CARLTON STREET, BOX 1448
ST. CATHARINES, ONTARIO ON  L2R7J8
(905) 641-1110
Real Estate License # 2713547