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$ 849,900
Est. payment /mo
Active
121 Oakdale AVE St. Catharines, ON L2P 2L3
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 456 - Oakdale
MLS Listing ID X12950496
Annual Tax Amount $8,302
Tax Year 2025
Property Sub-Type Investment
Property Description
Investment opportunity with strong income and minimal upkeep. This income-generating multi-plex features self-contained units each separately metered for hydro, with in-suite laundry and dedicated parking. Major capital improvements have been completed, including a new A/C (2022), and water heater (2025). Two of the units were created in 2020, offering modern finishes and reduced maintenance. Ground floor units also feature private outdoor spaces. A paved 8-car parking area provides ample space for residents. Currently generating nearly $50,000 in net annual income, this is a solid addition to any investment portfolio. Ideally located with quick access to Highway 406, downtown amenities, the Pen Centre, and public transit within walking distance. The property backs onto a treed area and the Merit Trail, adding privacy and lifestyle appeal for tenants. Zoned R2 non-conforming multi-unit. Previously configured as a doctor's office with residential units, the building has since been converted to its current multi-plex layout.
Location
State ON
County Niagara
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 67.75
Lot Depth 124.1
Others
ParcelsYN No
Virtual Tour https://www.thebteam.ca/listings/357-121-oakdale-ave-st-catharines-l2p-2l3
Listed by BOSLEY REAL ESTATE LTD.,
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