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Kitchen featuring dark wood-finish cabinetry, stainless steel appliances, and wood-finish flooring Features: pendant lighting, sink, crown molding cabinets, countertops, shaker cabinets, baseboard radiator, refrigerator, dishwasher, dark brown cabinets, range oven, range hood, l shaped kitchen, drywall, natural light, wood finish floor, baseboards wall

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

25 Ottawa Street

St. Catharines , Ontario

11 11 $2,400,000

Est payment $11,525/mo

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$ 120,000 ( 5% )

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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 is currently undergoing a full renovation and will be completed this month (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. Separate 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. Fire retro-fitting complete, with yearly fire inspection certificates available.

Listing IDX13587158

Address25 Ottawa Street

CitySt. Catharines, Ontario

Price$2,400,000

Bed / Bath11 / 11 Full

Style3-Storey, Multiplex

ConstructionBrick Veneer

TypeMulti-Family

StatusFor Sale

Extras

Subtype MultiplexIndoor Features Carpet Free, Intercom, Separate Hydro Meter, Water Heater Owned, Water Heater, Water MeterOwnership FreeholdBasement FinishedFoundation BlockHeating / Cooling RadiantHeating Fuel ElectricSewer Sewer

Market Info

Parking 6.00

Listing Agency:
RE/MAX GARDEN CITY REALTY INC, BROKERAGE

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Listing Agency:
RE/MAX GARDEN CITY REALTY INC, BROKERAGE

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

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