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.
RE/MAX Escarpment Golfi Realty Inc.
$999,000
180 Ontario Street, St. Catharines, Ontario
6 Bedrooms
5 Bathrooms
3000 Sqft
Property
MLS® Number: 40780586
Address: 180 Ontario Street
City: St. Catharines
Exterior: Brick
Lot Size: 117.0ft x 58.6ft
Utilities
Heating: Forced Air, Natural Gas, Radiant
Parking
Parking Spaces: 5
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Property Sale History
Travel and Neighbourhood
86/100Walk Score®
Very Walkable
Location
