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2.5 Storey - 5+ Unit Victorian Apartment Building Located in a safe & good neighbourhood Live in one unit and have tenants pay your mortgage plus extra income ~ Interior & exterior immaculate condition Net Income = $59,000 per year Multi-family ~ Zoned R2 & G1 ~ Lot = 5,100 sq ft ~ Parking for 10‐12 vehicles ~ Separate hydro meters & 60‐100amp panels ~ Water heated ______________________________________ UNITS 1‐ large main floor 3 bedroom unit with large enclosed porch 4 ‐1 bedroom units 1 - large extra space (650 sq ft) 1 - garage/shop (650 sq ft)
RENOVATION HISTORY (phase 1‐ 2010) - entire building renovated to the studs (phase 2 ‐ 2018) - 3 units brand new throughout (kitchens, bathrooms & flooring )
FEATURES ~ 6 separate hydro meters & new 400 amp service (2018) ~ New wiring & plumbing throughout entire building (2018) ~ Brand new high efficiency boiler (2018) ($16k) ~ 16 new interconnected smoke/strobe/CO fire system & inspection (2018) ~ Brand new asphalt driveway & new concrete sidewalks (2019)($15k) ~ 3 new fridges, stoves & built-in microwaves (2018) ~ 2 new fridges, stoves & built-in microwaves (2010) ~ Coin laundry on‐site ~ 42 new lifetime warranty windows (2009) ~ Lifetime warranty metal roof (2004) ($45k) ~ Large insulated, heated & air conditioned garage with 100 amp service ~ New furnace, AC unit & hot water heater (2010) ~ New 50 yr shingled roof on garage (2018)
LOCATION PERKS ~ Overlooks a park ~ Bus stop in front of the building or short walk to multiple routes ~ Close to schools, restaurants & shopping ~ 5 minutes to downtown St. Catharines, Meridian Centre, Niagara College, Brock University, Pen Centre & Niagara-on-the-Lake Outlet mall ~ 2 minute drive to QEW & 406 highways