Sold for:Sold Nov 26, 2024
$999,000

327 Queenston Street

St. Catharines (E. Chester), ON N1A 2W5

Multiplex SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 327 Queenston Street, St. Catharines, E. Chester

2024-10-08
2024-11-26
Sold
Price
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MLS#
x9387197

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 327 Queenston Street, St. Catharines, E. Chester

Welcome to this prime investment opportunity for investors seeking to revitalize a promising multi-residential property. This large 6-unit property is nestled in a gentrifying part of town and offers a canvas for investors to unlock its full potential and reap substantial returns for increased cash flow and property value. This property has 6 large units: five 2 bedroom units and one1 bedroom unit (all with 1 full washroom). The building sits on a large corner lot where there is a bundant parking space (currently 6 parking spaces but space for more). This property offers the convenience of nearby public transport, amenities, places of worship, schools and more. The unit sare very large and offer a spacious living space for residents. Some recent upgrades include new windows, new flooring, new dry wall, new bath tub insert and newly painted in certain areas and units. Hydro separately metered for each unit. All units are occupied. Great opportunity for generational wealth. Being sold AS-IS.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,063
Land Transfer Tax Fee
$16,455

Rental Items

Rental Equipment
Hot water tank - approximately $40.00 paid monthly.

Basement Type
None

Interior Features

Interior Extras
Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
3-Storey

Construction

Exterior Finish
Brick
Roof
Not Applicable
Foundation Details
Not Applicable
Special Designation
Unknown

Lot

Lot Front
83.90 ft
Lot Depth
114.25 ft

Inclusions

Inclusions
6x fridges, 6x stoves, coin operated washer and dryer (communal). Heat and Water included in rent.

Parking & Garages

Garage Type
None
Garage Spaces
6
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Other
Heat Type
Radiant
Air Conditioning
Window Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
9 + 2
Washrooms
6
Kitchens
6
Family / bonus room
Yes

Washrooms

  • 4-piece, Second

Municipality
St. Catharines
Neighbourhood
E. Chester
Main cross streets
Queenston St & Rd 52

MLS® number
X9387197
Data source
Toronto Regional Real Estate Board
Status change
2024-11-26
Listed on
2024-10-08
Days on market
49 days
Possession type
Immediately
Co-op commission
2%
Seller
Listed by
HARVEY KALLES REAL ESTATE LTD.

Home Market Value

Current home valuation for 327 Queenston Street, St. Catharines, E. Chester, St. Catharines, ON. Listed for $999,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 327 Queenston Street, St. Catharines, E. Chester

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

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St. Catharines, ON
Minimum Down Payment Required:7.5%

5% on first $500K + 10% on $499,000 over $500K

Minimum down payment

$74,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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$36,963$27,872$23,776$0
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$961,038$926,972$872,926$799,200
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$4,692monthly$4,526monthly$4,262monthly$3,902monthly
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Land Transfer Tax

Provincial

$16,455

Total Land Transfer Tax

$16,455

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