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7 KING STREET

$799,000

7 KING STREET, St. Catharines, Ontario, L2R 5H9

MLS® # X12692648

St. Catharines ON, L2R 5H9

MLS® # X12692648

Property Information:

Fully VACANT fourplex comprising three 1-bedroom units and one 2-bedroom unit, with potential to add a fifth unit. Conservative projected annual gross rents are approximately $75,000 as a fourplex. A building permit has been obtained and renovations are approximately 90% complete, leaving the property ready for final finishing touches. Completed work includes windows (2024), electrical service upgrade (2026), upgraded air duct system (2025), flooring (2024), kitchens (2023), bathrooms (2024), and a Phase 1 Environmental report (2023). (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Air Conditioning: Yes
Floor Space: 2800 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Fully air conditioned

Property Features:

Property Type: Multi-family
Bedrooms: 5
Bathrooms: 4
Floor Space (approx): 2800 Square Feet
Irregular: Yes
Lot Depth: 66 Feet
Lot Frontage: 22 Feet
Lot Size: 22 x 66 FT
Zoning: C5
No. of Parking Spaces: 1

Courtesy of: MYSAK REALTY INC.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 7 KING STREET, St. Catharines, Ontario, L2R 5H9

Lifestyle
Neighbourhood

Demographic Information of 7 KING STREET, St. Catharines, Ontario, L2R 5H9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$92,583.48

Average Number of Children

1.38

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.21 %

High school certificate or equivalent

32.51 %

Apprenticeship trade certificate/diploma

4.58 %

College/non-university certificate

19.58 %

University certificate (below bachelor)

1.84 %

University Degree

30.27 %

Commuter

Travel To Work

By Car

72.51 %

By Public Transit

8.5 %

By Walking

16.38 %

By Bicycle

0.91 %

By Other Methods

1.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

78.69 %

Houses

21.31 %

Own Vs. Rent