224 Ontario Street St. Catharines (Downtown), Ontario L2R 5L1
$849,000
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. (id:41589)
Property Details
| MLS® Number | X12228460 |
| Property Type | Multi-family |
| Community Name | 451 - Downtown |
| Features | Irregular Lot Size |
| Parking Space Total | 12 |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Age | 100+ Years |
| Appliances | Stove, Refrigerator |
| Basement Development | Finished |
| Basement Features | Walk Out |
| Basement Type | N/a (finished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Vinyl Siding, Stucco |
| Foundation Type | Block, Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 137 Ft ,3 In |
| Size Frontage | 60 Ft |
| Size Irregular | 60 X 137.3 Ft |
| Size Total Text | 60 X 137.3 Ft |
https://www.realtor.ca/real-estate/28484813/224-ontario-street-st-catharines-downtown-451-downtown
Ron Mulder
Salesperson
2390 South Service Road
Jordan, Ontario L0R 1S0
(905) 641-1110
(905) 684-1133
www.yourniagarahome.com/
Bill Brouwer
Salesperson
2390 South Service Road
Jordan, Ontario L0R 1S0
(905) 641-1110
(905) 684-1133
www.yourniagarahome.com/
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June 18 2025 01:25:17
Niagara Association of REALTORS®
RE/MAX Garden City Realty Inc.