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Home ON St. Catharines - Niagara St. Catharines The Haig
224 ONTARIO STREET
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224 ONTARIO STREET $849,000
$849,000
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224 ONTARIO STREET
St. Catharines (Downtown), Ontario L2R5L1

MLS® Number: X12228460
8
Bedrooms
5
Bathrooms
2000 - 2500
Square Feet

Listing Description

Great Investment Opportunity. Triplex with Bonus 2 bedroom Basement Apartment. Located at the Heart of Downtown St. Catharines, 224 Ontario Street is on a bus route, a short walk to Montebello Park, Close to Restaurants, Shops, Theatres, Superstore, the QEW, 4th Avenue Shopping, and the Hospital. The building has had Extensive Renovations since 2018. New Windows Throughout, New Siding, All new Pavement allowing for 10 Parking Spots. New Concrete floor and Sectional Roll-up and Man door in Double Detached Garage. New Boiler, Separate Hydro Meters, Lots of New Plumbing and Loads of Upgrades to the Apartments. The building contains 3 Fabulous units: the Main Floor is a one bedroom plus living room, unit has ample storage places, a fully equipped kitchen and a 3pc bathroom; the Second Floor unit has 4 bedrooms, 2 - 3 pc bathrooms, charming enclosed balcony that can extend the living space; the 3rd unit is a bachelor Apartment at the Side of the Building with bright living space, kitchen and a 3pc bathroom. Basement has been fully Renovated, it has 2 bedrooms, kitchen and a 3pc bathroom. Upper unit is Vacant as well as the Double Garage. This Building Produces Great income and Potential Returns on Investment. Bachelor unit is leased at $785 per month, Main Floor 1 bedroom leased at $1250 per month. Upper Vacant Unit has at Least $2400 per month Potential Income or could be Owner Occupied. Basement is leased at $1300 per month and Garage has a $300 per month Potential Income. This Building can Produce a Solid Return on Investment. It's Time to Make This Your Niagara Investment Property. (40713273)

Location Description

LOWELL

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
2000 - 2500 sqft
Community Name
451 - Downtown
Land Size
60 x 137.3 FT
Age Of Building
100+ years
Annual Property Taxes
$4,881
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
9 days

Building

Bedrooms
Above Grade
8
Bathrooms
Total
5
Interior Features
Appliances Included
Stove, Refrigerator
Basement Features
Walk out
Basement Type
N/A (Finished)
Building Features
Features
Irregular lot size
Foundation Type
Block, Concrete
Heating & Cooling
Cooling
Wall unit
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding, Stucco
Parking
Parking Type
Detached Garage, Garage
Total Parking Spaces
12

Measurements

Square Footage
2000 - 2500 sqft

Land

Lot Features
Frontage
60 ft
Land Depth
137 ft ,3 in
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4

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