260 VINE Street, St. Catharines (Facer), Ontario, L2M4T1




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$1,499,000
St. Catharines
This multi-family property in St. Catharines is for sale offering roughly 6,600 sq ft of space.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 91 days on market, against an average age of 79 days across the listings currently for sale in this city
This 3-bed multi-family in St. Catharines (Facer) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,499,000, about 20.8× the local median household income of $72,000.
Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 307% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2M)
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Loading rates, 30-yr amortization
Cash Needed to Close
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