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$ 949,900
Est. payment /mo
Price Dropped by $100K
17 Hainer ST St. Catharines, ON L2S 1M5
12 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision 458 - Western Hill
MLS Listing ID X13093872
Style 2-Storey
Bedrooms 12
Annual Tax Amount $5,422
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Can you hear the GO TRAIN??? The Tenants in This EXTRA EXTRA LARGE LEGAL FOUR UNIT apartment building almost can. The Location for this complex is Fantastic as it is within a short walk of the New Proposed GO TRAIN STATION!! All units are identical layouts of each other and each unit offers a formal Livingroom, a separate Dining room, Kitchen, 4 pc bathroom, 3 good sized bedrooms and outside living space on a pressure treated deck/balcony. This Turn Key investment has huge upside potential. Everything is at your fingertips with a 5 minute walk to downtown St. Catharines with all the many amenities it offers such as shopping, cafes/restaurants/bars, theatre, OHL Hockey, Concerts, Library and the downtown Brock University satellite campus. Schools, parks, hiking trails, nature reserves, and fantastic fishing spots are also all in the immediate neighbourhood. The Via Rail, Go station, city buses & Hwy 406 are just around the corner for the simplest of commutes. This 2 story 4 unit apartment building fronts on two separate roads and offers approximately 160 feet of road frontage which is prime for any future development. All units are currently fully rented. The two main floor Tenants are month to month longer term tenants. All of the units come with a fridge, stove, hardwood flooring and have been refurbished with newer kitchens, 4pc bathrooms and replacement vinyl double-paned windows. Each unit has their own electric breaker panel, electric baseboard heat, hot water heaters (2 are rented and 2 are owned)and separate hydro meters and all Tenants except for one unit pay their own hydro. This is a very easy property to maintain, a fantastic money maker and should not be missed as it will not last. This Turn-Key Investment Is Ready To Generate Income While Providing Incredible Upside For The Future.
Location
State ON
County Niagara
Area Niagara
Rooms
Family Room No
Basement Partial Basement
Kitchen 4
Interior
Interior Features Separate Heating Controls
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features Street Only, Other
Pool None
Roof Type Asphalt Shingle
Topography Sloping
Lot Frontage 80.5
Lot Depth 96.5
Total Parking Spaces 3
Building
Building Age 100+
Foundation Stone
Others
ParcelsYN Yes
Listed by COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
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