$1,295,000
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15 WELLINGTON Street, St. Catharines, ON L2R5P7

0 Beds
7 Baths
6,650 Sq Ft

Prime investment opportunity in the heart of downtown St. Catharines. This 18-room rental property spans a total gross floor area of +/-6651 sq.ft (618 sqm). Currently rented at $500 - $875 per room, with potential to add another room, this building offers a robust income stream with multiple opportunities for optimization. The property is equipped with fibre optic internet infrastructure, providing reliable, hardwired connections to every bedroom. Security features include trackable key card and punch code entry at each exterior door, with locked doors for every bedroom. Located only 900 meters from the St. Catharines bus terminal (a 12-minute walk), the property is situated in a highly walkable neighborhood close to various amenities. Building construction is resilient to damage, ensuring minimal maintenance and straightforward property management. There are significant opportunities to enhance net operating income through streamlined operations, tenant demographic adjustments, and other efficiencies. Property includes full kitchen and laundry facilities on each floor. The upper level features 10 bedrooms, 3 full baths, 1 individual shower, and 1 half bath. The lower level houses 8 bedrooms with potential for a 9th, along with 3 individual showers and 3 half baths. (id:55598)

  • MLS® 40605365
  • Date Listed07/26/2024
  • Days on Realty 48 Days
  • Bedrooms 0
  • Bathrooms 7 baths
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Other
  • Water Public
  • Square Feet 6,650 sq. ft
  • Price Per Sq. Ft $194.74

Interior Features

  • Appliances Microwave, Window Coverings
  • Cooling Central Air Conditioning
  • Heating Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / L2R5P7

Source: Walkscore

97/100

Walker's Paradise

Walk Score ®

61/100

Good Transit

Transit Score ®

76/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

38 nearby routes: 37 bus, 1 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 33/100, Bike Score: 49/100.

Points of interest near 15 WELLINGTON Street, St. Catharines, ON L2R5P7

Frequently Asked Questions for 15 WELLINGTON Street

Source: Realty.com

15 WELLINGTON Street, St. Catharines, ON L2R5P7 is a Other, Residential Income property listed for $1,295,000 The property is 6650 sq. ft with 0 bedrooms and 7 bathrooms

Realty.com has 35 photos of 15 WELLINGTON Street.

The full address for this home is 15 WELLINGTON Street, St. Catharines, ON L2R5P7.

15 WELLINGTON Street has been listed on Realty.com since Fri July 26, 2024

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 33/100, Bike Score: 49/100.

Listing provided courtesy of: COLLIERS INTERNATIONAL NIAGARA LTD. (tel: (905) 354-7413)
Listing agent: TODD CRAWFORD (tel: (905) 354-7413)

This content last refreshed on 2024-09-12 04:35:25. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 15 WELLINGTON Street, St. Catharines, ON L2R5P7 : MLS® 40605365