$2,400,000
Available - For Sale
Listing ID: X13587158
25 Ottawa Street , St. Catharines, L2R 1Z1, Niagara
| 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. |
| Price | $2,400,000 |
| Taxes: | $18726.17 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 25 Ottawa Street , St. Catharines, L2R 1Z1, Niagara |
| Directions/Cross Streets: | Wiley St. / Geneva St. / Niagara St. |
| Rooms: | 22 |
| Bedrooms: | 11 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Finished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Brick Veneer |
| Garage Type: | None |
| Drive Parking Spaces: | 6 |
| Pool: | None |
| Approximatly Square Footage: | 5000 + |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | None, Windo |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| RE/MAX GARDEN CITY REALTY INC, BROKERAGE |
|
|
Maria Tompson
Sales Representative
Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Niagara |
| Municipality: | St. Catharines |
| Neighbourhood: | 451 - Downtown |
| Style: | 3-Storey |
| Tax: | $18,726.17 |
| Beds: | 11 |
| Baths: | 11 |
| Fireplace: | N |
| Pool: | None |
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