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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$2,400,000
Available - For Sale
Listing ID: X13587158
Renovated 11 apartment building, 11 one bedroom apartments. This property has been well cared for by the same owner for the past 22 years and is in a central location with a high rental demand. The owner believes in spending money to upgrade the building which attracts a good quality tenant, higher rents and limited maintenance calls. All 11 apartments have been renovated at different stages. Unit #9 just finished a renovation including quartz countertops and Unit #6 is currently undergoing a full renovation and will be completed this month (July). Renovations include, new kitchen cupboards, counter tops, appliances including dishwashers. Bathrooms updated with bath fitter tub surrounds and new vanities. There are two sets of coin washer and dryers (2023), modern entrance buzzers front and back entrance (2022) pitched roof asphalt shingles (approx 2012), all replacement vinyl windows. Separate hydro meters with updated breaker panels in each unit. There is a large clean boiler utility room, great for storage or small work area. All tenants accept for one pay their own hydro. The owner subsidizes one units hydro up to a maximum of $50 per month. There are no rental items or contracts associated with the property. Preferred closing date is December 2026. Fire retro-fitting complete, with yearly fire inspection certificates available.
Price $2,400,000
Taxes: $18,726.17
Assessment Year: 2025
Occupancy by: Tenant
Address: 25 Ottawa Street , St. Catharines, L2R 1Z1, Niagara
Directions/Cross Streets: Wiley St. / Geneva St. / Niagara St.
Rooms: 22
Bedrooms: 11
Bedrooms +: 0
Washrooms: 11
Family Room: F
Basement: Finished
No. of Pieces Level
Washroom 1:  4
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick Veneer
Garage Type: None
Drive Parking Spaces: 6
Pool: None
Approximatly Square Footage: 5000 +
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None, Windo
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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RE/MAX GARDEN CITY REALTY INC, BROKERAGE

25 Ottawa Street , St. Catharines, L2R 1Z1, Niagara

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Stan Khurana
Sales Representative
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6473836000
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At a Glance:
Type: Freehold - Multiplex
Area: Niagara
Municipality: St. Catharines
Neighbourhood: 451 - Downtown
Style: 3-Storey
Lot Size: x 140.00(Feet)
Approximate Age:
Tax: $18,726.17
Maintenance Fee: $0
Beds: 11
Baths: 11
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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