$1,550,000
For sale: Multiplex

260 Vine Street, St. Catharines - 9-Unit Multi-Residential Income Property. A rare opportunity to acquire a 9-unit income property in one of St. Catharines' most sought-after locations. This character-filled converted residence offers investors strong in-place cash flow with the added advantage of two vacant units - for new tenants at current market rents. Located just minutes from downtown St. Catharines, Brock University, the Pen Centre, and GO Transit connections, 260 Vine Street benefits from a consistent tenant pool. The property's central location keeps vacancy low and makes it one of the most in-demand addresses in the Niagara region for renters.The building comprises nine self-contained residential units across a thoughtfully converted property, with additional conversion potential for the right buyer looking to maximize density and returns.
Sold data
Multiplex homes in St. Catharines (Facer) took a median of 30 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 63, across 45 recorded sales.
The median sale price was $549,900.
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 22% of sellers reduced their price before finding a buyer.
Based on 45 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
St. Catharines (Facer) has 47 Fraser Institute–rated schools (38 elementary and 9 secondary), averaging 7.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
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