$849,900
Available - For Sale
Listing ID: X12950496
121 Oakdale Avenue , St. Catharines, L2P 2L3, Niagara
| Investment opportunity with strong income and minimal upkeep. This income-generating multi-plex features self-contained units each separately metered for hydro, with in-suite laundry and dedicated parking. Major capital improvements have been completed, including a new A/C (2022), and water heater (2025). Two of the units were created in 2020, offering modern finishes and reduced maintenance. Ground floor units also feature private outdoor spaces. A paved 8-car parking area provides ample space for residents. Currently generating nearly $50,000 in net annual income, this is a solid addition to any investment portfolio. Ideally located with quick access to Highway 406, downtown amenities, the Pen Centre, and public transit within walking distance. The property backs onto a treed area and the Merit Trail, adding privacy and lifestyle appeal for tenants. Zoned R2 non-conforming multi-unit. Previously configured as a doctor's office with residential units, the building has since been converted to its current multi-plex layout. |
| Price | $849,900 |
| Taxes: | $8302.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 121 Oakdale Avenue , St. Catharines, L2P 2L3, Niagara |
| Postal Code: | L2P 2L3 |
| Province/State: | Niagara |
| Directions/Cross Streets: | Smythe Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 2478.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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647-472-6050
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | St. Catharines |
| Neighbourhood: | 456 - Oakdale |
| Tax: | $8,302 |
| Fireplace: | N |
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