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Ruben Furtado

The Furtado Group

ruben@rockstarbrokerage.com +1(416) 823-0484

$ 1,100,000

Est. payment -/mo

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180 James ST St. Catharines, ON L2R 5C5

5 Beds

5 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 451 - Downtown

MLS Listing ID X12237918

Style 2-Storey

Bedrooms 5

Building Age 100+

Annual Tax Amount $5,158

Tax Year 2024

Property Sub-Type Multiplex

Property Description

An exceptional, fully rented 5-plex in vibrant downtown St. Catharines is now available, offering five spacious one-bedroom apartments that generate a strong annual gross income of approximately $85,000. This meticulously maintained, turn-key investment is perfectly positioned in a highly desirable urban core, providing tenants with convenient access to a multitude of downtown amenities, including diverse shops, acclaimed restaurants, entertainment venues like the FirstOntario Performing Arts Centre and Meridian Centre, and the historic St. Catharines Farmers Market, all within walking distance. Added tenant convenience comes from three dedicated parking spots located at the rear of the property and excellent public transit connectivity throughout the city. This property presents a fantastic opportunity for immediate cash flow and long-term appreciation in a thriving community.

Location

Province ON

County Niagara

Community 451 - Downtown

Area Niagara

Rooms

Family Room No

Basement Unfinished

Kitchen 5

Interior

Interior Features Water Heater

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Landscape Lighting

Parking Features Available, Private

Pool None

View Downtown

Roof Type Asphalt Shingle

Topography Flat

Lot Frontage 40.0

Lot Depth 115.0

Total Parking Spaces 3

Building

Unit Features Arts Centre,Library,Place Of Worship,Public Transit

Foundation Stone

Others

ParcelsYN No

Listed by SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE

+1(416) 823-0484

ruben@rockstarbrokerage.com

418 Iroquois Shore Rd Suite 103, Oakville, L6H, 0X7, Canada