Investment opportunity with strong income and minimal upkeep. This income-generating multi-plex features self-contained units each separately metered for hydro, with in-suite laundry and dedicated parking. Major capital improvements have been completed, including a new A/C (2022), and water heater (2025). Two of the units were created in 2020, offering modern finishes and reduced maintenance. Ground floor units also feature private outdoor spaces. A paved 8-car parking area provides ample space for residents. Currently generating nearly $50,000 in net annual income, this is a solid addition to any investment portfolio. Ideally located with quick access to Highway 406, downtown amenities, the Pen Centre, and public transit within walking distance. The property backs onto a treed area and the Merit Trail, adding privacy and lifestyle appeal for tenants. Zoned R2 non-conforming multi-unit. Previously configured as a doctor's office with residential units, the building has since been converted to its current multi-plex layout.
Address
121 Oakdale Avenue
List Price
$849,900
MLS® Status
New
Expiration Date
2026-07-31
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
St. Catharines
Sub-Area
456 - Oakdale
Region
Niagara
Lot Size Source
MPAC
Lot Depth
124.1
Lot Type
Lot
Lot Size Units
Feet
Lot Width
67.75
Parcel Number
463350317
Total Building Area
2478
Occupant Type
Tenant
Cross Street
Smythe Street
MLS® Number
X12950496
Listing Brokerage
BOSLEY REAL ESTATE LTD.,
Postal Code
L2P 2L3
Posession Details
Flexible
Tax Amount
$8,302.00
Tax Year
2025
Standard Status
Active
Board Or Association
Niagara Association of REALTORS
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
None
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