25 OTTAWA STREET
St. Catharines (Downtown), Ontario
MLS® X13587158
$2,400,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13587158
- Bedrooms
- 11
- Bathrooms
- 11
- Year built
- —
1 / 24Listing description
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.
Property summary
- MLS® number
- X13587158
- Property type
- Multi-family
- Building type
- Other
- Land size
- 46 x 140 FT
- Annual property taxes
- $18,726.17
- Parking
- 6 spaces · No Garage
- Days on market
- 37 days
Features & details
- Heating
- Radiant heat, Electric, Natural gas
- Cooling
- Window air conditioner, None
- Basement
- Finished, N/A
- Appliances
- Water meter, Intercom, Water Heater
- Exterior features
- Brick Veneer
- Lot features
- Carpet Free
What would this home cost you?
Based on the $2,400,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX GARDEN CITY REALTY INC, BROKERAGE, ST. CATHARINES.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.