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$659,000
Est. payment /mo
4 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 451 - Downtown
MLS Listing ID X12181783
Style 2-Storey
Bedrooms 4
Annual Tax Amount $1,574
Tax Year 2024
Property Sub-Type Duplex
Lot Depth 98.0
Lot Front 33.0
Appx SqFt 1500-2000
Property Description
WELCOME TO YOUR NEXT BEST INVESTMENT OPPORTUNITY! WHETHER YOU'RE A NEW INVESTOR OR SEASONED INVESTOR LOOKING TO ADD TO THEIR PORTFOLIO, THIS PROPERTY IS SURE TO BE A GREAT ASSET! LOCATED JUST OUTSIDE OF DOWNTOWN ST.CATHARINES BETWEEN ONTARIO STREET AND LAKE STREET. THIS PROPERTY IS SITUATED IN A VERY CONVENIENT LOCATION- CLOSE TO QEW & 406, GROCERY STORES, SCHOOLS, RESTAURANTS, AND ENTERTAINMENT. CURRENTLY THE PROPERTY IS BEING OPERATED AS A DUPLEX WITH GREAT TENANTS! THE BASEMENT HAS A SEPARATE WALK OUT WHERE YOU COULD ADD A THIRD UNIT IN THE BASEMENT. CITY OF ST.CATHARINES OFFERS UP TO $80,000 GRANT TO ADD UNITS TO A PROPERTY AND THIS COULD BE A GREAT PROGRAM TO IMPLEMENT INTO THIS PROPERTY. CURRENTLY THE PROPERTY GENERATES $3150 PER MONTH AS IS. PLUS WITH ALL THE NEW DEVELOPMENTS THAT ARE PLANNED TO COME TO ST.CATHARINES, YOU CAN BE REST ASSURED THE EQUITY VALUE WILL BE A GREAT BONUS IN YEARS TO COME. PLEASE BE RESPECTFUL WITH SHOWINGS- PLEASE PROVIDE MINIMUM 24 HOUR NOTICE FOR ALL SHOWINGS.
Location
Province ON
County Niagara
Community 451 - Downtown
Area Niagara
Zoning DUPLEX
Rooms
Family Room Yes
Basement Finished with Walk-Out, Separate Entrance
Kitchen 2
Interior
Interior Features Carpet Free, Primary Bedroom - Main Floor
Cooling Central Air
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 33.0
Lot Depth 98.0
Total Parking Spaces 3
Building
Foundation Concrete Block
Others
Senior Community No
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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE