33 Lake Street St. Catharines, Ontario L2R 5W9
$799,500
Well-maintained downtown FIVEPLEX! A rare investment opportunity! Located just steps from Montebello Park and within walking distance to downtown businesses and public transit, this 2,655 sq/ft. apartment building is a fantastic opportunity for investors seeking reliable income. All the units have been recently renovated. This building features five self-contained one-bedroom units, each with a private bedroom, kitchen, living area, and bathroom. Fully rented and currently leased to excellent tenants on month-to-month terms, generating over $60,000 in gross annual income. Each unit includes water, heat, hydro and internet, offering convenience and value for tenants. Additional features include: on-site parking for six vehicles and coin-operated laundry in a shared area. Some other updates include: rear stairs (2020), roof (2016). An easy-to-maintain property with low operating demands. This is an ideal opportunity to maintain a fully leased income property or move into one unit and continue renting out the others. A solid, turnkey investment in a desirable downtown location! (id:61910)
Property Details
| MLS® Number | X12324597 |
| Property Type | Multi-family |
| Community Name | 451 - Downtown |
| Amenities Near By | Park, Place Of Worship, Public Transit |
| Equipment Type | Water Heater |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Age | 100+ Years |
| Appliances | Water Meter, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 125 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 125 Ft |
| Size Total Text | 40 X 125 Ft |
https://www.realtor.ca/real-estate/28689712/33-lake-street-st-catharines-downtown-451-downtown
Contact Us
Contact us for more information
Rick Simioni
Salesperson
33 Maywood Ave
St. Catharines, Ontario L2R 1C5
(905) 688-4561
www.nrcrealty.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 13 2025 02:28:58
Niagara Association of REALTORS®
Royal LePage NRC Realty