249-253 Church ST St. Catharines, ON L2R 3E8
4,369 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-5 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 4,369 sqft
Price per Sqft $177
MLS Listing ID 40804748
Abv Grd Liv Area 4,369
Annual Tax Amount $10,037
Property Sub-Type Multi-5 Unit
Source Cornerstone
Property Description
The residential units are well-configured and separately equipped with their own furnace, HVAC system, and hydro meter, minimizing operating expenses and simplifying management. A coin-operated laundry area at the rear of the building provides additional income and convenience for tenants.
Current gross monthly income totals $5,729 ($68,748 annually), with further revenue potential available through leasing the vacant commercial unit and future rent growth.
Located in a downtown neighbourhood undergoing significant revitalization, the area has seen over $200 million in recent investment, including the redevelopment of the former 11-acre hospital site into new residential communities. With continued infrastructure improvements and residential expansion underway, this corridor is positioned for meaningful transformation.
An ideal opportunity for investors seeking a strategic acquisition with immediate income, commercial upside, and long-term growth.
Location
Province ON
County Niagara
Area St. Catharines
Zoning M1, M3
Direction GENEVA TO CHURCH
Rooms
Basement Full, Unfinished
Kitchen 0
Interior
Interior Features None
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Window Features Window Coverings
Laundry Coin Operated, Shared
Exterior
Roof Type Asphalt
Lot Frontage 54.1
Lot Depth 64.0
Garage No
Building
Lot Description Rectangular, City Lot, High Traffic Area, Public Transit
Faces GENEVA TO CHURCH
Story 2
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Aluminum Siding,Brick
New Construction No
Others
Senior Community false
Tax ID 462630226
Ownership Freehold/None
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