Address
199 Russell Avenue, St. Catharines, ON
Price
$ 449,900
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
Taxes
Visits
In The Neighbourhood
Just Listed
St. Catharines (Downtown)
$ 998,500
- Type
- Multi-Family
- Rooms
- 5 Beds + 3 Baths
ROYAL LEPAGE NRC REALTY
St. Catharines (Downtown)
$ 1,550
- Type
- Multi-Family
- Rooms
- 2 Beds + 1 Baths
RE/MAX ESCARPMENT REALTY INC.
St. Catharines (Downtown)
$ 1,799
- Type
- Multi-Family
- Rooms
- 2 Beds + 1 Baths
RE/MAX NIAGARA REALTY LTD, BROKERAGE
St. Catharines (Downtown)
$ 599,900
- Type
- Multi-Family
- Size
- 2,000 SqFt
- Rooms
- 0 Beds + 0 Baths
RE/MAX GARDEN CITY UPHOUSE REALTY
St. Catharines (Downtown)
$ 1,799
- Type
- Multi-Family
- Rooms
- 2 Beds + 1 Baths
RE/MAX NIAGARA REALTY LTD, BROKERAGE
St. Catharines (Downtown)
$ 1,725
- Type
- Multi-Family
- Rooms
- 2 Beds + 1 Baths
RE/MAX NIAGARA REALTY LTD, BROKERAGE
Toronto Real Estate Board (TRREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
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