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More details for 17-19 Collier St, St Catharines, ON - Multifamily for Sale

Windsor Suites - 17-19 Collier St

St Catharines, ON L2P 2T3

Multifamily for Sale
$10,800,000 CAD
28,660 SF

24 Hour Access
Controlled Access
Kitchen
Key Fob Entry
Smoke Detector

St Catharines Multifamily for Sale - Southern GGH

Presenting 17-19 Collier Street, a beautifully renovated 32-unit multifamily property in the heart of St. Catharines, Ontario. This 1.09-acre, four-storey building combines modern amenities with an ideal location, making it an excellent investment opportunity. Built in 1951 and fully updated in 2022-2023, the property offers a balanced suite mix of 15 one-bedroom and 17 two-bedroom units, each designed with contemporary comforts and quality finishes. Each unit features an open-concept living space with a modern kitchen equipped with quartz-style countertops, a stylish tile backsplash, and a spacious island ideal for dining. Brand-new flooring runs throughout, and bathrooms have been updated to include full-sized baths with tiled surrounds. Tenants enjoy personalized comfort with individual heat controls and energy-efficient windows, while on-site laundry facilities add convenience and generate supplemental income. Six rentable storage lockers offer additional income potential. Located conveniently near Highway 406, this property offers quick access to the rest of the Niagara Region, and Toronto. With a projected Year 1 NOI of $481,606, this property promises both current income and future growth in a prime location.