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$ 999,000
Est. payment /mo
New
7 & 9 Edmund ST St. Catharines, ON L2R 2E9
11 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 451 - Downtown
MLS Listing ID X12216002
Style Other
Bedrooms 11
Annual Tax Amount $9,122
Tax Year 2025
Property Sub-Type Fourplex
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
Community 451 - Downtown
Area Niagara
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 5
Separate Den/Office 7
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 101.32
Lot Depth 139.3
Total Parking Spaces 10
Building
Foundation Block, Poured Concrete
Listed by RE/MAX HENDRIKS TEAM REALTY
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