Address
199 Russell Avenue, St. Catharines, ON
Price
$ 449,900

Your Agent

Karen Mork

Sales Representative

289-778-3889


Listing provided by Karen Mork, Sales Representative, REMAX Garden City Realty Inc

Property Attributes
  • ID#X13613366
  • TypeMulti-Family
  • Listing Status New
  • CitySt. Catharines
  • Area451 - Downtown
  • Neighbourhood451 - Downtown
  • Postal CodeL2R 1W9
  • Style2-Storey
  • Taxes$ 3408
  • Price$ 449,900
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1100-1500
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Legal Triplex - Turnkey Investment Opportunity! Here's your opportunity to own a legal triplex in St.Catharines' desirable Fitzgerald neighbourhood, conveniently located on Russell Avenue between Niagara Street and Geneva Street. Producing $36,000 in annual gross scheduled rental income, this fully tenanted property offers immediate cash flow and excellent long-term investment potential. The property features three self-contained units, including a main floor one-bedroom apartment, an upper-level two-bedroom unit (with the flexibility to use the second bedroom as a living room, den, or office), and a lower-level one-bedroom apartment. Each unit is separately metered for hydro and gas, while water is owner-paid. The property is serviced by three rented hot water tanks. Major improvements include the house roof (2017), garage roof (2023), professional exterior painting (2025), and completed fire separation upgrades (2026). An Electrical Safety Authority (ESA) certificate will be provided upon completion of the scheduled inspection. An extra-wide detached garage offers excellent storage, and the driveway accommodates parking for four vehicles. Located just minutes from downtown St. Catharines, Montebello Park, restaurants, cafés, shopping, schools, public transit, and highway access, this location is highly desirable for both tenants and investors. A comprehensive due diligence package, including financial statements, leases, utility information, permit history, and a pre-home inspection report, is available to assist buyers in making an informed purchasing decision. Whether you're expanding your investment portfolio or purchasing your first income property, this legal, income-producing triplex offers reliable tenants, documented improvements, and outstanding value in one of St.Catharines' most desirable central neighbourhoods. Move forward with confidence knowing the due diligence has already been done. Don't miss this opportunity!

Price History
7/28/2026 Listed $449,900

General Features

Sewer Sewer
Cooling None
Roof Asphalt Shingle
Architectural Style 2-Storey
Pool Features None
Construction Materials Stucco (Plaster)
Heater Type Baseboard
Parking Spaces 4
Property Subtype Triplex
Tax Year 2025
Lot Depth 132.0
County Niagara
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction West
Garage Y/N Yes
Status New
City St. Catharines
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 3408.0
Standard Status Active
Occupancy Type Tenant
Legal Description LT 1 CY PL 144 GRANTHAM; ST. CATHARINES

Interior Features

Interior Amenities Separate Hydro Meter
Basement Walk-Up,Full,Separate Entrance,Finished
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 4
Elevator? No
Total Baths 3
Bedrooms 3+1
Living Area Range 1100-1500

Exterior Features

Total Parking 5.0
Garage Type Detached
Foundation Details Concrete Block
Spa No
Lot Size Source MPAC
Waterfront Y/N No
Covered Spaces 1.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L2R 1W9

Price
AVG $450K
$450K

Your Agent

Karen Mork

Sales Representative

289-778-3889


Listing provided by Karen Mork, Sales Representative, REMAX Garden City Realty Inc

Listed By
ROYAL LEPAGE NRC REALTY