25 Ottawa Street St. Catharines, Ontario L2R 1Z1

11 Bedroom 11 Bathroom 5,000 - 100,000 ft2
None, Window Air Conditioner Radiant Heat

$2,400,000

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. (id:34139)

Property Details

MLS® Number X13587158
Property Type Multi-family
Community Name 451 - Downtown
Features Carpet Free
Parking Space Total 6

Building

Bathroom Total 11
Bedrooms Above Ground 11
Bedrooms Total 11
Amenities Separate Electricity Meters
Appliances Intercom, Water Heater, Water Meter
Basement Development Finished
Basement Type N/a (finished)
Cooling Type None, Window Air Conditioner
Exterior Finish Brick Veneer
Foundation Type Block
Heating Fuel Electric, Natural Gas
Heating Type Radiant Heat
Stories Total 3
Size Interior 5,000 - 100,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 140 Ft
Size Frontage 46 Ft
Size Irregular 46 X 140 Ft
Size Total Text 46 X 140 Ft

https://www.realtor.ca/real-estate/30059296/25-ottawa-street-st-catharines-downtown-451-downtown

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RE/MAX Garden City Realty Brokerage
145 Carlton Street, 2nd Floor, St. Catharines

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© 2024 Denise Kennedy, Sales Representative with RE/MAX Garden City Realty Brokerage