33 Fitzgerald Street

Nestled in the vibrant heart of St. Catharines, 33 Fitzgerald Street, St. Catharines presents an excellent opportunity for investors seeking a turnkey, cash-flowing Multi-Family Home for sale in St. Catharines . This impressive multiplex, which boasts a two-storey design, offers a total of 13 well-appointed rooms, including five bedrooms and two dens, making it an attractive option for a variety of tenants. The property is situated in the 451 - Downtown community, providing easy access to public transit, the QEW, and a plethora of everyday amenities.

The exterior of the building features a charming combination of brick front and stucco (plaster), contributing to its appealing aesthetic. The property, which has an age range of 51 to 99 years, sits on a generous lot measuring 35 by 104 feet. A detached garage adds further value, currently rented out for an additional income of £40 per month. The driveway offers private double parking, accommodating up to two vehicles, which is a significant advantage in this bustling area.

Inside, the Multi-Family Home for sale in St. Catharines comprises four spacious, well-maintained units, all of which are fully tenanted at competitive market rents. The unit breakdown is as follows: the main floor unit features three bedrooms and one 4PC bathroom, rented at £1,925 per month plus hydro. The upper rear unit contains one bedroom and one 4PC bathroom, bringing in £1,485 per month plus hydro. The upper front unit also has one bedroom and a 4PC bathroom, rented for £1,475 per month plus hydro. Lastly, the basement unit offers two bedrooms and one 3PC bathroom, generating £1,595 per month plus hydro. Each unit is separately metered, ensuring that tenants are responsible for their own utility costs.

Additionally, all tenants benefit from access to designated laundry facilities. The upper units feature en-suite laundry, while the main and basement units share a common laundry area equipped with separate washer and dryer sets. This thoughtful layout enhances tenant satisfaction and convenience, making the Multi-Family Home for sale in St. Catharines an even more appealing investment.

The property has been consistently maintained over the years, with several recent updates that enhance its value and functionality. Notable improvements include a new roof installed in 2020, electric panels updated in 2021, and flooring renovations completed between 2020 and 2023. Other upgrades include a new boiler and tankless hot water heater, both installed in 2020, along with a new garage door and various window replacements conducted between 2020 and 2024. Plumbing and electrical enhancements have also been made in recent years, ensuring that the property remains in excellent condition.

For added comfort, the property is equipped with central air conditioning, while heating is provided by a radiant system. The full basement has a separate entrance, adding to the versatility of the property. However, it is worth noting that there is no pool or fireplace on the premises, and the home is unfurnished, allowing new owners to personalise the space to their liking.

In summary, 33 Fitzgerald Street, St. Catharines is a remarkable Multi-Family Home for sale in St. Catharines, offering a lucrative investment opportunity in a prime location. With its strong rental income potential, well-maintained units, and strategic updates, this property is poised to attract discerning investors. Financial information is available upon request, and interested parties are encouraged to book a showing today to fully appreciate the potential this property has to offer. Don't miss out on this exceptional opportunity to enhance your investment portfolio with a prime Multi-Family Home for sale in St. Catharines.

Downtown St. Catharines, often referred to as Community 451, is a vibrant urban hub that seamlessly blends historic charm with modern amenities. Nestled along the picturesque Welland Canal, this area boasts a rich cultural tapestry, featuring an array of shops, cafes, and restaurants that cater to diverse tastes. Residents can enjoy easy access to beautiful parks, art galleries, and theatres, fostering a lively atmosphere that encourages community engagement. With its convenient transport links and proximity to educational institutions, Downtown St. Catharines offers a dynamic lifestyle for those seeking both convenience and a sense of belonging in a welcoming environment.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. Connaught Public School, an elementary institution with a high rating of 9.2, is just 1.0 km away, offering education from Junior Kindergarten to Grade 8 in English. St. Catharines Collegiate, also 1.0 km away, serves grades 9 to 12 but has a lower rating of 3.2. For families interested in French immersion, Jeanne Sauve French Immersion Public School is 2.2 km away, providing education from Grades 1 to 8 with a rating of 6.4. Sir Winston Churchill Secondary School, located 3.3 km from the property, offers French instruction for grades 9 to 12 and has a rating of 7.5. Additionally, St. Nicholas Catholic Elementary School is 1.1 km away, rated at 4.1, while Saint Francis Catholic Secondary School is 2.8 km away with a rating of 6.7. Our Lady of Fatima Catholic Elementary School, offering French instruction, is also nearby at 2.1 km with a rating of 6.6. This diverse range of educational options ensures that families can find the right fit for their children's learning needs.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 644 residents, with an average household size of 2.3 individuals. The community has a median age of 41 years and an average household income of $98,000, indicating a relatively affluent demographic. Approximately 8.4% of the population falls under the low-income category. The average property price in the area is $452,000, reflecting the local real estate market's value. Socially, the community is diverse, with 41.67% of residents being single and 35.9% living in households with children. Immigrants make up about 9.09% of the population, contributing to the area's cultural richness. The rental market is also notable, with 21.05% of residents renting their homes, while 14.04% live in condominiums. Education levels are high, with 53.1% of the population holding a college or university degree. However, a significant portion, 38.94%, is not in the labor force, which may indicate a mix of retirees, students, or individuals engaged in other pursuits. Overall, this demographic profile suggests a well-educated, moderately affluent community with a blend of families and singles.