Overview

Property ID: 40522136
  • Multi-6-9 Unit
  • Property Type
  • 18
  • Bedrooms
  • 9
  • Bathrooms
  • 9013
  • Sq Ft
  • 2021
  • Year Built

Description

Prime Investment Opportunity – Newer Build Multi-Residential Property with 9 Spacious Fully Rented Units,
Elevator, and Low Maintenance in Desirable St. Catharines. This newer build multi-residential property offers
nine spacious units, complete with individual meters, HVAC systems, and in-suite laundry facilities. With its
low maintenance requirements and convenient amenities, this property presents a strong investment with
significant growth potential. Since this property is recently constructed, it has modern and high-quality
construction standards. All units are thoughtfully designed with contemporary finishes and functional layouts,
providing residents with comfortable and stylish living spaces. The open and well-designed floor plans create
a welcoming atmosphere, promoting tenant satisfaction and long-term occupancy. The inclusion of an
elevator provides convenience and accessibility, making the property appealing to a wider range of potential
tenants, including seniors or individuals with mobility challenges. This feature enhances the property’s
marketability and potential for consistent rental income. With its new construction and quality materials, this
property requires minimal maintenance, reducing ongoing expenses, making it an attractive opportunity for
investors seeking hassle-free ownership. Each unit has one parking spot with additional parking for visitors.
Situated close to all amenities, including highways, Brock University, and shopping malls, this property offers
convenience and easy access to essential services and recreational opportunities. Seize the chance to own a newly built, low maintenance multi-residential property with tremendous potential for long-term profitability and growth.

  • Address Vine
  • City St. Catharines
  • State/county Niagara
  • Zip/Postal Code L2R 3X9

Details

Updated on January 25, 2024 at 6:14 pm
  • Property ID: 40522136
  • Price: $3,250,000
  • Property Size: 9013 Sq Ft
  • Bedrooms: 18
  • Bathrooms: 9
  • Year Built: 2021
  • Property Type: Multi-6-9 Unit
  • Property Status: Residential Income

Additional details

  • LaundryFeatures: In-Suite
  • PhotosCount: 30
  • Cooling: Central Air
  • SecurityFeatures: Carbon Monoxide Detector,Carbon Monoxide Detector(s)
  • ITSO_NumberOfBachelorUnits: 0
  • CrossStreet: Vine St S./Yale Crescent
  • ITSO_CoListAgent2Designation: Salesperson
  • AboveGradeFinishedArea: 9013
  • ITSO_SurveyType: None
  • ListingKeyNumeric: 145870652
  • MajorChangeType: New Listing
  • MLSAreaMajor: St. Catharines
  • TaxAnnualAmount: 15354
  • ITSO_NumberOfStudioUnits: 0
  • OriginatingSystemName: Niagara
  • MlsStatus: Active
  • StreetNumber: 63
  • ListingKey: 2939215cd4a03911d32a9b1eb31f2c41
  • ITSO_NumberOfEfficiencyUnits: 0
  • StreetDirSuffix: S
  • ITSO_StreetViewParam: 1$43.16609861$-79.2302762$293.00$13.33$1.00$d54YvaSgHcqo_AXp1MMVBg
  • Directions: Vine St/Yale Crescent
  • Roof: Asphalt Shing
  • ParkingTotal: 14
  • ITSO_NumberOfOtherUnits: 0
  • InternetAddressDisplayYN: 1
  • WaterSource: Municipal
  • StoriesTotal: 3
  • ParkingFeatures: Assigned
  • Heating: Electric,Forced Air
  • ITSO_AcresRange: < 0.5
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: 1
  • InternetAutomatedValuationDisplayYN: 1
  • ITSO_NumberOfLoftUnits: 0
  • ITSO_NumberOfPenthouseUnits: 0
  • ConstructionMaterials: Stone,Vinyl Siding
  • InternetConsumerCommentYN: 1
  • BuildingAreaTotal: 9013
  • OtherEquipment: Intercom
  • CoListAgentDesignation: Salesperson
  • ITSO_KitchensTotal: 0
  • ITSO_CoListAgent3Designation: Salesperson
  • MajorChangeTimestamp: 2024-01-19T20:24:43.470Z
  • ITSO_NumberOfApartmentUnits: 0
  • ITSO_TransactionType: Sale
  • ListingContractDate: 2024-01-19
  • MLSAreaMinor: 446 - Fairview
  • FarmLandAreaUnits: Square Feet
  • Zoning: R2
  • ITSO_StatusContractualSearchDate: 2024-01-19
  • Basement: None
  • ITSO_HSTApplicableToSalePrice: Call LBO
  • PhotosChangeTimestamp: 2024-01-19T20:29:39.640Z
  • AssociationFee2Frequency: Monthly
  • StateOrProvince: ON
  • AboveGradeFinishedAreaUnits: Square Feet
  • FrontageLength: 85.59
  • BridgeModificationTimestamp: 2024-01-23T14:05:41.483Z
  • PropertyCondition: 0-5 Years
  • ParcelNumber: 462680336
  • ITSO_LotDepth: 149.41
  • FoundationDetails: Poured Concrete,Wood
  • ITSO_CurrentPrice: 3250000
  • ITSO_DrivewayParking: Outside/Surface/Open
  • StreetSuffix: Street
  • LotSizeDimensions: 149.41 x 85.59
  • ModificationTimestamp: 2024-01-23T14:05:04.203Z
  • ITSO_CommonInterest: Freehold/None
  • Inclusions: Carbon Monoxide Detector
  • ITSO_LeasesYN: 1
  • BelowGradeFinishedAreaUnits: Square Feet
  • Sewer: Sewer (Municipal)
  • NumberOfBuildings: 0
  • ITSO_RATIO_CurrentPrice_By_AboveGradeFinishedArea: 360.59026
  • LotFeatures: Irregular Lot,City Lot,Highway Access,Public Transit,Shopping Nearby
  • NumberOfUnitsTotal: 9
  • ITSO_LeaseToOwnEquipment: None
  • ITSO_Expenses: Estimated
  • OpenParkingSpaces: 14
  • FeedTypes: IDX

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