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260 VINE STREET, St. Catharines (Facer) — listed at $1,499,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $22,298.42, heating is baseboard heaters. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 15 spaces.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Is 260 VINE STREET a good fit for a growing family?+
With 3 bedrooms (6600 sq ft), there's room for kids plus a guest room or home office.
How is the home heated? Is it efficient?+
Heating is baseboard heaters. Ask for past utility bills to understand real heating costs.
What makes this a luxury property?+
At $1,499,000, standout features include 6600 sq ft. In this price range, expect higher-end finishes — verify during a showing.
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