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17 Wellington Street

St. Catharines, ON L2R 5P7
  • $848,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 40314597
$848,000
  • 7
    BEDS
  • < 0.5
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
  • 2,974
    SQFT
  • $285
    $/SQFT
Type:
Single-Family Home
County:

School Ratings & Info

Description

Downtown St. Catharines is going through a transformation. High density developments are being approved and construction has begun. This property is located within the provincially-designated Urban Growth Centre boundary for St. Catharines and has potential for high density development! Take advantage of this opportunity by purchasing this versatile property located a stone's-throw from the downtown core, court house, Montebello Park, farmers market, central library, Meridian Centre, Performing Arts Centre, regional transit hub, and lively St. Paul Street. The property is currently zoned R3 and is ideal for investor(s), live-in investor(s), Airbnb hosts, small business owners and families looking for additional income streams, as well as long-term investors looking build high density project(s). Completely rebuilt from top to bottom in 2016, with city permits. The ground floor unit has 3 bedrooms, 1.5 bathrooms, and the upper unit has 4 bedrooms and 1.5 bathrooms. Both units have modern finishes and appliances, and have their own laundry machines and dryers in the basement, which is brightly lit and has plenty of storage space. The parking lot can comfortably accommodate 5-6 vehicles. Potential for vacant possession November 2022. With over $50,000 in gross rent potential and a 6% CAP rate, at market rents. Don't miss your opportunity to buy this downtown gem, book your showing now!

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2022-09-26T00:21:50.123.
www.lennoxrealtygroup.com/homes/132588016
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17 Wellington Street St. Catharines, ON L2R 5P7

  • Price: $848,000
  • Status: Active
  • On Site: 26 Days
  • MLS #: 40314597
7
Beds
2
Baths
2
½ Baths
< 0.5
Acres
2,974
SQFT
$285
$/SQFT
Neighbourhood:
447 - St. Catharines Downtown
County:
Niagara
Area:
St. Catharines
Property Description
Downtown St. Catharines is going through a transformation. High density developments are being approved and construction has begun. This property is located within the provincially-designated Urban Growth Centre boundary for St. Catharines and has potential for high density development! Take advantage of this opportunity by purchasing this versatile property located a stone's-throw from the downtown core, court house, Montebello Park, farmers market, central library, Meridian Centre, Performing Arts Centre, regional transit hub, and lively St. Paul Street. The property is currently zoned R3 and is ideal for investor(s), live-in investor(s), Airbnb hosts, small business owners and families looking for additional income streams, as well as long-term investors looking build high density project(s). Completely rebuilt from top to bottom in 2016, with city permits. The ground floor unit has 3 bedrooms, 1.5 bathrooms, and the upper unit has 4 bedrooms and 1.5 bathrooms. Both units have modern finishes and appliances, and have their own laundry machines and dryers in the basement, which is brightly lit and has plenty of storage space. The parking lot can comfortably accommodate 5-6 vehicles. Potential for vacant possession November 2022. With over $50,000 in gross rent potential and a 6% CAP rate, at market rents. Don't miss your opportunity to buy this downtown gem, book your showing now!
Exterior Features

Acres Range < 0.5 Architectural Style Two Story Attached YN No Construction Materials Brick Docking YN No Driveway Parking Private Drive Single Wide Foundation Details Concrete Perimeter Frontage Length 40.09 Frontage Type West Garage YN No Lot Features UrbanRectangularCity LotLibraryParkPublic ParkingPublic TransitShopping Nearby Open Parking Spaces 6 Open Parking YN Yes Parking Total 6 Property Attached Detached Roof Flat Waterfront YN No

Interior Features

Above Grade Finished Area 2334 Appliances Water Heater Basement FullPartially Finished Bathrooms Total 4 Beds Above Grade 7 Beds Below Grade 0 Below Grade Finished Area 640 Cooling DuctlessWall Unit(S) Fireplace YN No Heating Natural GasRadiant Heating YN Yes Kitchens Total 2 Main Level Bedrooms 3 Room Count 15

Property Features

Assessment Year 2022 Association Fee2 Frequency Monthly Common Elements Fee YN No Common Interest Freehold/None Condo Corporation YN No Inclusions OtherTwo (2) FridgesTwo (2) StovesTwo (2) Built-In MicrowaveTwo (2) WasherTwo (2) DryerDishwasher. Laundry Features Common AreaLower Level Licensed Dwelling YN No Lot Depth 102 New Construction YN No Property Sub Type Single Family Residence Security Features Smoke Detector(S) Sewer Sewer (Municipal) Transaction Type Sale Under Contract Hot Water HeaterOther Water Source Municipal Zoning R3

Listing information © 2022 Information Technology Systems Ontario.
Listing provided courtesy of Scott Sweitzer of Re/Max Niagara Realty Ltd..
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2022-09-26T00:21:50.123.
 
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