260 VINE Street, St. Catharines, ON L2M 4T1

$1,499,000
3
BD

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List Price
$1,499,000
Price Change
▼ $51,000 1788553757
MLS#
X13637928
Status
ACTIVE
Type
Commercial
SubType
Investment
Bedrooms
3
Province
ON
Municipality
St. Catharines
Area
Niagara
Neighborhood
445 - Facer
Subdivision
Carlton And Vine

Property Description

260 Vine Street, St. Catharines - 9-Unit Multi-Residential Income Property. A rare opportunity to acquire a 9-unit income property in one of St. Catharines' most sought-after locations. This character-filled converted residence offers investors strong in-place cash flow with the added advantage of two vacant units - for new tenants at current market rents. Located just minutes from downtown St. Catharines, Brock University, the Pen Centre, and GO Transit connections, 260 Vine Street benefits from a consistent tenant pool. The property's central location keeps vacancy low and makes it one of the most in-demand addresses in the Niagara region for renters.The building comprises nine self-contained residential units across a thoughtfully converted property, with additional conversion potential for the right buyer looking to maximize density and returns.

Additional Information

Taxes
$22,298
Heat Type
Baseboard
Heat Source
Gas
Air Conditioning
No
Lot Depth
235
Rooms
10
Garage Type
None

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Listing courtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC..