Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

180 James Street, St. Catharines, ON L2R 5C5 (Welland Ave. & Lake St.)
$ 999000 - MLS : X12237918

From Our Gallery

Description

An exceptional, fully rented 5-plex in vibrant downtown St. Catharines is now available, offering five spacious one-bedroom apartments that generate a strong annual gross income of approximately $85,000. This meticulously maintained, turn-key investment is perfectly positioned in a highly desirable urban core, providing tenants with convenient access to a multitude of downtown amenities, including diverse shops, acclaimed restaurants, entertainment venues like the FirstOntario Performing Arts Centre and Meridian Centre, and the historic St. Catharines Farmers Market, all within walking distance. Added tenant convenience comes from three dedicated parking spots located at the rear of the property and excellent public transit connectivity throughout the city. This property presents a fantastic opportunity for immediate cash flow and long-term appreciation in a thriving community.

Location Description

Welland Ave. & Lake St.

Property Detail

Community: 451 - Downtown
Property Type: Tenant/Residential Freehold
Bedrooms: 5
Bath: 5
Garages: None
Annual Property Taxes : $ 5158

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Stone
Counstruction Material : Brick
Total Parking Space : 3
Parking Type : None

Amenities

Heating : RadiantGas
Sewer : Sewer ,

Listing Contracted With: SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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