17 HAINER STREET, St. Catharines (Western Hill)

$949,900

For sale: Multiplex

Multiplex at 17 HAINER STREET, St. Catharines (Western Hill)
Property type
Fourplex
Bedrooms / bathrooms
12 bedrooms, 4 bathrooms
Living area
100,000 sqft
MLS®
MLS® X13093872
Neighbourhood
458 - Western Hill

Can you hear the GO TRAIN??? The Tenants in This EXTRA EXTRA LARGE LEGAL FOUR UNIT apartment building almost can. The Location for this complex is Fantastic as it is within a short walk of the New Proposed GO TRAIN STATION!! All units are identical layouts of each other and each unit offers a formal Livingroom, a separate Dining room, Kitchen, 4 pc bathroom, 3 good sized bedrooms and outside living space on a pressure treated deck/balcony. This Turn Key investment has huge upside potential. Everything is at your fingertips with a 5 minute walk to downtown St. Catharines with all the many amenities it offers such as shopping, cafes/restaurants/bars, theatre, OHL Hockey, Concerts, Library and the downtown Brock University satellite campus. Schools, parks, hiking trails, nature reserves, and fantastic fishing spots are also all in the immediate neighbourhood. The Via Rail, Go station, city buses & Hwy 406 are just around the corner for the simplest of commutes. This 2 story 4 unit apartment building fronts on two separate roads and offers approximately 160 feet of road frontage which is prime for any future development. All units are currently fully rented. The two main floor Tenants are month to month longer term tenants. All of the units come with a fridge, stove, hardwood flooring and have been refurbished with newer kitchens, 4pc bathrooms and replacement vinyl double-paned windows. Each unit has their own electric breaker panel, electric baseboard heat, hot water heaters (2 are rented and 2 are owned)and separate hydro meters and all Tenants except for one unit pay their own hydro. This is a very easy property to maintain, a fantastic money maker and should not be missed as it will not last. This Turn-Key Investment Is Ready To Generate Income While Providing Incredible Upside For The Future.

Sold data

Multiplex homes in St. Catharines (Western Hill) — recent sold market

Multiplex homes in St. Catharines (Western Hill) took a median of 29 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 62, across 43 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 89 days.

The median sale price was $539,900.

Homes sold for about 4.3% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$539,900
Sale-to-list ratio
95.7%
Sold above asking
7%

Based on 43 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in St. Catharines (Western Hill)

St. Catharines (Western Hill) has 47 Fraser Institute–rated schools (38 elementary and 9 secondary), averaging 7.3/10.

Rated schools
47
Elementary
38
Secondary
9
Average rating
7.3 / 10

Top-rated schools in St. Catharines (Western Hill)

  • Applewood — elementary, St. CatharinesFraser rating 10.0/10
  • Gracefield — elementary, St. CatharinesFraser rating 10.0/10
  • Burleigh Hill — elementary, St. CatharinesFraser rating 9.9/10
  • Oakridge — elementary, St. CatharinesFraser rating 9.6/10
  • Power Glen — elementary, St. CatharinesFraser rating 9.5/10
  • Westdale — elementary, St. CatharinesFraser rating 9.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 17 HAINER STREET