Listed for:Listed Jul 28, 2026
$449,900

199 Russell Avenue

St. Catharines (Downtown), ON L2R 1W9

Multiplex For Sale
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Sale & Price History for 199 Russell Avenue, St. Catharines, Downtown

No listing history available

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About 199 Russell Avenue, St. Catharines, Downtown

Summarized Description

  • Legal triplex in desirable Fitzgerald neighbourhood.
  • Turnkey investment with immediate cash flow.
  • Three self-contained, separately metered units.
  • Major improvements completed in recent years.
  • Extra-wide garage and parking for four vehicles.
  • Minutes from downtown and public transit.
  • Comprehensive due diligence package available.
  • Reliable tenants with documented improvements.

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!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,408
Land Transfer Tax Fee
$5,473

Rental Items

Rental Equipment
3 hot water tanks

Basement Type
Walk-Up, Full, Separate Entrance, Finished

Interior Features

Interior Extras
Separate Hydro Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Stucco (Plaster)
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
33.00 ft
Lot Depth
132.00 ft

Exclusions

Exclusions
All tenants belongings

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
4
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Gas
Heat Type
Baseboard
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes

Bedrooms
3 + 1
Washrooms
3
Kitchens
3

Room sizes

  • Bedroom—
    Second level
  • Living Room—
    Main level
  • Bedroom—
    Basement level
  • Bedroom—
    Second level
  • Kitchen—
    Main level
  • Kitchen—
    Basement level
  • Kitchen—
    Second level
  • Bedroom—
    Main level
  • Living Room—
    Basement level

Washrooms

  • 4-piece, Main
  • 4-piece, Second
  • 4-piece, Basement

Municipality
St. Catharines
Neighbourhood
Downtown
Main cross streets
Between Geneva St and Niagara St
Directions
East off Geneva St

MLS® number
X13613366
Data source
Toronto Regional Real Estate Board
Listed on
2026-07-28
Updated on
2026-07-28
Days on market
83 days
Possession type
90+ days
Co-op commission
2%+hst
Seller
Listed by
ROYAL LEPAGE NRC REALTY

Home Market Value

Current home valuation for 199 Russell Avenue, St. Catharines, Downtown, St. Catharines, ON. Listed for $449,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 199 Russell Avenue, St. Catharines, Downtown

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
St. Catharines, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$22,495

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$17,096$12,552$10,708$0
=Total mortgage
$444,501$417,462$393,123$359,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,170monthly$2,038monthly$1,919monthly$1,757monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$5,473

Total Land Transfer Tax

$5,473

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8/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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