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Maria Tompson
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Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$999,000
Available - For Sale
Listing ID: X12216002
Incredible turn-key investment opportunity with future development potential! This rare offering features a purpose-built fourplex alongside a detached single family home situated on an extra-large 101 ft x 139 ft lot, a rare find in any mature neighborhood. Uniquely, these two dwellings sat on separate lots until just a few years ago but have recently merged into one. With the possibility to sever the lots again the potential for future redevelopment or resale flexibility is endless. Each of the four units in the fourplex includes two spacious bedrooms, full kitchen, in-unit laundry, full bathroom, open concept living and dining areas. With two units on the main floor and two on the second level makes the layout both efficient and desirable. In the basement you'll find four separate sections with each having it's own furnace and hot water tank. Separate hydro and gas meters further reduce landlord overhead and streamline operations. The second dwelling is a detached two storey home that adds another layer of value featuring a large living room, dining room and eat-in kitchen, three bedrooms and a full bathroom upstairs. .The property also includes a shared driveway and a spacious rear yard that provides ample parking and outdoor space ideal for tenants or future site plans. Once renovated the property has the potential to generate over $10,000 in gross monthly rent, making it a compelling option for investors looking to maximize cash flow and long-term returns. Located close to schools, shopping and public transit, this is a prime opportunity to acquire a high-performing asset with immediate upside and long-term development possibilities. While extensive renovations are needed, the upside is truly endless. Please note the above grade square footage is 4076 sqft for the 4-plex and 1255 sqft for the detached home.
Price $999,000
Taxes: $9,122.9
Occupancy by: Vacant
Address: 7 & 9 Edmund Stre , St. Catharines, L2R 2E9, Niagara
Directions/Cross Streets: Lake St
Rooms: 14
Rooms +: 13
Bedrooms: 4
Bedrooms +: 7
Washrooms: 5
Family Room: F
Basement: Full
Unfinished
No. of Pieces Level
Washroom 1:  4 Second
Washroom 2:  4 Second
Washroom 3:  4 Second
Washroom 4:  4 Main
Washroom 5:  4 Main
Washroom 6:  4 Second
Washroom 7:  4 Second
Washroom 8:  4 Second
Washroom 9:  4 Main
Washroom 10:  4 Main
Washroom 11:  4 Second
Washroom 12:  4 Second
Washroom 13:  4 Second
Washroom 14:  4 Main
Washroom 15:  4 Main
Property Type: Fourplex
Style: Other
Exterior: Stucco (Plaster)
Vinyl Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 10
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 3500-5000
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: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Hydro: A
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HENDRIKS TEAM REALTY

7 & 9 Edmund Stre , St. Catharines, L2R 2E9, Niagara

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Maria Tompson
Sales Representative
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Fourplex
Area: Niagara
Municipality: St. Catharines
Neighbourhood: 451 - Downtown
Style: Other
Lot Size: x 139.30(Feet)
Approximate Age:
Tax: $9,122.9
Maintenance Fee: $0
Beds: 4+7
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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