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162-166 Ontario Street St. Catharines, Ontario L2R 5K6

7 Bedroom 4 Bathroom 3790
None Hot Water Radiator Heat

$1,300,000

Investment Property with Development Land - Central Location & Directly across the street from a $145million Senior housing development that is set to be completed in 2022. This offering consists of a really large 4 plex rental building. With 3- 2 bedroom units and one 1-bedroom. Rents are well below market lot's of upside here as units turn over. The Hot water boiler was replaced in 2020, main floor windows have been replaced. Also included is a vacant lot directly beside with R3 zoning. Allowing for the development of another rental building or buyer can keep one and sell the other. This is a great location being walking distance to downtown St.Catharines, Montebello Park, walking trails along 12 mile creek and easy access to the highway. (id:26105)

Property Details

MLS® Number 40171616
Property Type Multi-family
Amenities Near By Park, Playground, Public Transit
Features Park/reserve
Parking Space Total 4

Building

Bathroom Total 4
Bedrooms Total 7
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type None
Exterior Finish Stucco
Fire Protection None
Fireplace Present No
Foundation Type Unknown
Heating Type Hot Water Radiator Heat
Stories Total 2
Size Interior 3790
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Park, Playground, Public Transit
Sewer Municipal Sewage System
Size Depth 131 Ft
Size Frontage 107 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3

https://www.realtor.ca/real-estate/23694814/162-166-ontario-street-st-catharines

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