33 LAKE STREET, St. Catharines (downtown), ON L2R5W9

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Katie Van Nes

Most Referred Expert - Exp Realty

katie@mostreferred.expert +1(604) 855-8228

$ 799,500

Est. payment | -/mo

5 Beds

5 Baths

2,500 SqFt

Save

$ 799,500

Est. payment | -/mo

Save

5 Beds

5 Baths

2,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $319

Subdivision 451 - Downtown

MLS® Listing ID X12324597

Bedrooms 5

Source Niagara Association of REALTORS®

Property Description

Well-maintained downtown FIVEPLEX! A rare investment opportunity! Located just steps from Montebello Park and within walking distance to downtown businesses and public transit, this 2,655 sq/ft. apartment building is a fantastic opportunity for investors seeking reliable income. All the units have been recently renovated. This building features five self-contained one-bedroom units, each with a private bedroom, kitchen, living area, and bathroom. Fully rented and currently leased to excellent tenants on month-to-month terms, generating over $60,000 in gross annual income. Each unit includes water, heat, hydro and internet, offering convenience and value for tenants. Additional features include: on-site parking for six vehicles and coin-operated laundry in a shared area. Some other updates include: rear stairs (2020), roof (2016). An easy-to-maintain property with low operating demands. This is an ideal opportunity to maintain a fully leased income property or move into one unit and continue renting out the others. A solid, turnkey investment in a desirable downtown location! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Radiant heat

Cooling Window air conditioner

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Listed by ROYAL LEPAGE NRC REALTY

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

33 LAKE STREET St. Catharines (downtown), ON L2R5W9