See all 49 photos

Listed by Chris Hendriks • RE/MAX Hendriks Team Realty

$999,000

Est. payment - /mo

Save

11 Beds

5 Baths

4,076 SqFt

New

7 & 9 Edmund Street St. Catharines, ON L2R 2E9

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Jun

Fri

Jun

Sat

Jun

Mico Radulovic

[email protected] +1(519) 722-3434

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 4,076 sqft

Price per Sqft $245

MLS Listing ID 40739189

Bedrooms 11

Abv Grd Liv Area 4,076

Annual Tax Amount $9,122

Property Sub-Type Multi-4 Unit

Source Hamilton - Burlington

Property Description

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.

Location

Province ON

County Niagara

Area St. Catharines

Zoning R2

Direction Beech St to Henry St to Edmund St

Rooms

Basement Full, Unfinished

Kitchen 0

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Laundry In-Suite

Exterior

Roof Type Asphalt Shing

Lot Frontage 101.32

Lot Depth 139.3

Garage No

Building

Lot Description Ample Parking, Dog Park, City Lot, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, School Bus Route, Schools, Shopping Nearby

Faces Beech St to Henry St to Edmund St

Story 2

Sewer Sewer (Municipal)

Water Municipal

Structure Type Stucco,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 462250205

Ownership Freehold/None

GET MORE INFORMATION

Mico Radulovic

Real Estate Broker

+1(519) 722-3434

7 & 9 Edmund Street St. Catharines, ON L2R 2E9

Mico Radulovic

Key Details

Location

Rooms

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

7 & 9 Edmund Street