For Sale - 25 Ottawa Street, St. Catharines, Ontario

Est payment $12,005/mo
Views   2
Time on Jump  19 day
  • Fully renovated building with 11 one bedroom apartments in high demand area.
  • Owner has maintained the property for over 22 years, ensuring quality living.
  • Recent upgrades include quartz countertops and updated kitchens and bathrooms.
  • Modern amenities like new washer/dryer sets and entrance buzzers.
  • Separate hydro meters and updated breaker panels for each unit.



Renovated 11 apartment building, 11 one bedroom apartments. This property has been well cared for by the same owner for the past 22 years and is in a central location with a high rental demand. The owner believes in spending money to upgrade the building which attracts a good quality tenant, higher rents and limited maintenance calls. All 11 apartments have been renovated at different stages. Unit #9 just finished a renovation including quartz countertops and unit #6 will be starting a full renovation this month to be completed in july. Renovations include, new kitchen cupboards, counter tops, appliances including dishwashers. Bathrooms updated with bath fitter tub surrounds and new vanities. There are two sets of coin washer and dryers (2023), modern entrance buzzers front and back entrance (2022) pitched roof asphalt shingles (approx 2012), all replacement vinyl windows. Seperate hydro meters with updated breaker panels in each unit. There is a large clean boiler utility room, great for storage or small work area. All tenants accept for one pay their own hydro. The owner subsidizes one units hydro up to a maximum of $50 per month. There are no rental items or contracts associated with the property. Preferred closing date is december 2026. All fire retro-fitting complete, with yearly fire inspection certificates available.
Listing IDX13425950
Address25 Ottawa Street
CitySt. Catharines, Ontario
Price$2,500,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentBasement 1Heating / Cooling Gas Hot Water
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Listing Agency:  RE/MAX GARDEN CITY REALTY INC, BROKERAGE

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25 Ottawa Street
St. Catharines , Ontario
$2,500,000
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