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63 Vine Street S St. Catharines, Ontario L2R 3X9

18 Bedroom 9 Bathroom 9013
Central Air Conditioning Forced Air

$3,250,000

Prime Investment Opportunity - Newer Build Multi-Residential Property with 9 Spacious Fully Rented Units, Elevator, and Low Maintenance in Desirable St. Catharines. This newer build multi-residential property offers nine spacious units, complete with individual meters, HVAC systems, and in-suite laundry facilities. With its low maintenance requirements and convenient amenities, this property presents a strong investment with significant growth potential. Since this property is recently constructed, it has modern and high-quality construction standards. All units are thoughtfully designed with contemporary finishes and functional layouts, providing residents with comfortable and stylish living spaces. The open and well-designed floor plans create a welcoming atmosphere, promoting tenant satisfaction and long-term occupancy. The inclusion of an elevator provides convenience and accessibility, making the property appealing to a wider range of potential tenants, including seniors or individuals with mobility challenges. This feature enhances the property's marketability and potential for consistent rental income. With its new construction and quality materials, this property requires minimal maintenance, reducing ongoing expenses, making it an attractive opportunity for investors seeking hassle-free ownership. Each unit has one parking spot with additional parking for visitors. Situated close to all amenities, including highways, Brock University, and shopping malls, this property offers convenience and easy access to essential services and recreational opportunities. Seize the chance to own a newly built, low maintenance multi-residential property with tremendous potential for long-term profitability and growth. (id:53712)

Property Details

MLS® Number 40522136
Property Type Multi-family
Amenities Near By Public Transit, Shopping
Parking Space Total 14

Building

Bathroom Total 9
Bedrooms Total 18
Basement Type None
Constructed Date 2021
Cooling Type Central Air Conditioning
Exterior Finish Brick, Stone, Vinyl Siding
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Forced Air
Stories Total 3
Size Interior 9013
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 149 Ft
Size Frontage 86 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/26431925/63-vine-street-s-st-catharines

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Lily Ruggi
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(905) 650-2620
www.lilyruggi.com/
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Royal LePage NRC Realty
35 Maywood Avenue
St. Catharines, Ontario L2R 1C5

(905) 688-4561
www.homesniagara.com/

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