33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9
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For Sale

$799,500

33 LAKE STREET , St. Catharines (Downtown), Ontario L2R5W9

5 Beds 5 Baths

Remarks

Well-maintained downtown FIVEPLEX! A rare investment opportunity! Located just steps from Montebello Park and within walking distance to downtown businesses and public transit, this 2,655 sq/ft. apartment building is a fantastic opportunity for investors seeking reliable income. All the units have been recently renovated. This building features five self-contained one-bedroom units, each with a private bedroom, kitchen, living area, and bathroom. Fully rented and currently leased to excellent tenants on month-to-month terms, generating over $60,000 in gross annual income. Each unit includes water, heat, hydro and internet, offering convenience and value for tenants. Additional features include: on-site parking for six vehicles and coin-operated laundry in a shared area. Some other updates include: rear stairs (2020), roof (2016). An easy-to-maintain property with low operating demands. This is an ideal opportunity to maintain a fully leased income property or move into one unit and continue renting out the others. A solid, turnkey investment in a desirable downtown location! (id:27)

Property Summary

  • Neighbourhood: 451 - Downtown
  • Lot Frontage: 40.0 Feet
  • Lot Depth: 125.0 Feet
  • Lot Size: 40 x 125 FT
  • No. of Parking Spaces: 6
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Bedrooms: 5
  • Bathrooms (Total): 5

Property Features:

  • Amenities Nearby:
    Park , [] , Public Transit
  • Equipment Type:
    Water Heater
  • Parking Type:
    No Garage
  • Property Type:
    Multi-family
  • Rental Equipment Type:
    Water Heater
  • Sewer:
    Sanitary sewer

Building Features:

  • Appliances:
    Water meter , Dryer , Stove , Washer , Refrigerator
  • Basement Development:
    Unfinished
  • Basement Type:
    Full
  • Building Type:
    Other
  • Cooling Type:
    Window air conditioner
  • Exterior Finish:
    Brick
  • Fire Protection:
    Smoke Detectors
  • Foundation Type:
    Block
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Radiant heat
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David T. Hartwell

David T. Hartwell

Broker

Phone:  905.688.4561

Mobile:  905.984.9975

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Royal LePage NRC Realty, Brokerage (Independently owned and operated)

33 MAYWOOD AVENUE
St. Catharines,  ON L2R1C5

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