Back To Top

Banner Image for 263 Niagara Street

263 Niagara Street St. Catharines

$599,500
MLS #40243929
1 bedroom unit x 2. 2 bedroom unit x 1 Beds
3 Full Baths
1522 sq.ft.

Property Taxes: $3,435/year in 2021

Lot Size: 44 ft. x 93 ft.

Type: Multi-Residential

Style: 2-Storey

Water: Municipal

 

Welcome to 263 Niagara Street

 

This long-standing triplex is located at the entry point to central St. Catharines, with equally easy access to the north-end as well as the QEW and downtown core. This proven investment property would be an excellent addition to your real estate portfolio.

The units are laid out as follows:

1 - 2 bedroom unit

2 - 1 bedroom units

 

After a fire incident in 2004, much of the buildings finishing materials were replaced. Windows, roof, boiler, most drywall, cabinetry, bathrooms and flooring were replaced in either 2005 or 2006. The result is an interior that belies the age of the home itself. 

 

When the boiler was updated, individual shut-offs were installed, so its possible to now shut off heat to a particular area. The fire prevention items have all been regularly maintained (interconnecting smoke detectors, tagged fire extinguishers) and the entryway to each unit have self closing metal doors.

 

Each unit has its own hydro meter. The tenants are all fairly long term (main floor is since 2005 +/-) which is evident in the income.

 

The property size is unique, somewhat in the shape of a triangle, with comfortable parking for 4 cars. The configuration allows for easy in and out access as well. 

 

Property Showings:

Please do not visit the property unattended. 

In order to accommodate the tenants schedules, all showings will have to happen within specific time frames. Please reach out to us directly with any questions or to book a tour. 

Phone us!

Patrick Burke

Broker

Jim Broderick

Sales Representative

Fill out the form and we'll get back to you.