ON > St. Catharines > 451 - Downtown
St. Catharines, ON L2R 5L1,224 Ontario ST
St. Catharines, ON L2R 5L1,224 Ontario ST
St. Catharines, ON L2R 5L1,224 Ontario ST
St. Catharines, ON L2R 5L1,224 Ontario ST
St. Catharines, ON L2R 5L1,224 Ontario ST
St. Catharines, ON L2R 5L1,224 Ontario ST
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Peter Torkan

Peter Torkan

The Agency

+1(416) 847-5288
$ 849,000
Est. payment | /mo

8 Beds

5 Baths

Save
$ 849,000
Est. payment | /mo
Save

8 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 451 - Downtown

MLS Listing ID X12228460

Style 2-Storey

Bedrooms 8

Building Age 100+

Annual Tax Amount $4,881

Tax Year 2025

Property Sub-Type Triplex

Property 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.

Location

Province ON

County Niagara

Community 451 - Downtown

Area Niagara

Rooms

Family Room No

Basement Finished with Walk-Out

Kitchen 4

Interior

Interior Features Accessory Apartment

Cooling Wall Unit(s)

Fireplace No

Heat Source Gas

Exterior

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 60.0

Lot Depth 137.3

Total Parking Spaces 12

Building

Foundation Block, Concrete

Listed by RE/MAX GARDEN CITY REALTY INC.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 847-5288

peter.torkan@theagencyre.com

378 Fairlawn Ave, York, M5M, 1T8, Canada

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224 Ontario ST