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$1,199,000

St. Catharines ON, L2R 2H1

MLS® # 40770132

Property Information:

Discover a prime investment opportunity with this well-maintained multi-residential property featuring 6 units, perfectly situated for maximum convenience. Located just minutes from major highways, steps to public transportation, shopping canters and malls, this property offers easy access to everything your tenants need, enhancing its appeal and rental potential. Each unit is occupied by A+ tenants, all of whom consistently pay on time, ensuring a reliable income stream for the savvy investor. The property has been meticulously cared for, with significant upgrades including a brand-new roof installed in 2023, providing peace of mind and reducing future maintenance costs. This income-generating gem is not only a sound investment but also a welcoming community for tenants. Don’t miss the chance to add this income property to your portfolio.

Inclusions: Other

Building Features:

  • Floor Space: 4178 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Full, Finished
  • Built in: 1900
  • Construction Materials: Brick, Vinyl Siding
  • Cooling: None
  • Driveway Parking: Private Drive Triple+ Wide
  • Floor Space (approx): 4178 Square Feet
  • Heating: Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Coin Operated
  • Lot Depth: 139 Feet
  • Lot Features: Rectangular, Highway Access, Public Transit, Shopping Nearby
  • Lot Frontage: 40.75 Feet
  • Parking Features: Asphalt
  • Roof: Asphalt Shing, Flat
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: Hewson Realty Group

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 82 Albert Street, St. Catharines, ON, L2R 2H1

Demographic Information of 82 Albert Street, St. Catharines, ON, L2R 2H1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,464.20

Average Number of Children

1.46

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.54 %

High school certificate or equivalent

32.18 %

Apprenticeship trade certificate/diploma

6.05 %

College/non-university certificate

21.05 %

University certificate (below bachelor)

1.18 %

University Degree

26.01 %

Commuter

Travel To Work

By Car

76.77 %

By Public Transit

9.57 %

By Walking

8.55 %

By Bicycle

0.78 %

By Other Methods

4.33 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

53.79 %

Houses

46.21 %

Own Vs. Rent