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15 WELLINGTON STREET, St. Catharines (451 - Downtown), Ontario, L2R 5P7

MLS® # X9411911
Commercial For Sale In Downtown St. Catharines, St. Catharines (451 - Downtown), Ontario
$1,295,000
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
15 Wellington Street, St. Catharines (451 - Downtown), ON
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ACTIVE
15 WELLINGTON STREET, St. Catharines (451 - Downtown), Ontario, L2R 5P7
$1,295,000

Property Information:

Prime investment opportunity in the heart of downtown St. Catharines. This 18-room rental property spans a total gross floor area of +/-6651 sq.ft (618 sqm). Currently rented at $500 - $875 per room, with potential to add another room, this building offers a robust income stream with multiple opportunities for optimization.\r\nThe property is equipped with fibre optic internet infrastructure, providing reliable, hardwired connections to every bedroom. Security features include trackable key card and punch code entry at each exterior door, with locked doors for every bedroom. Located only 900 meters from the St. Catharines bus terminal (a 12-minute walk), the property is situated in a highly walkable neighborhood close to various amenities.\r\nBuilding construction is resilient to damage, ensuring minimal maintenance and straightforward property management. There are significant opportunities to enhance net operating income through streamlined operations, tenant demographic adjustments, and other efficiencies.\r\nProperty includes full kitchen and laundry facilities on each floor. The upper level features 10 bedrooms, 3 full baths, 1 individual shower, and 1 half bath. The lower level houses 8 bedrooms with potential for a 9th, along with 3 individual showers and 3 half baths. (id:27)

Building Features:

  • Style: Business
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Concrete
  • Foundation Type: Block
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Microwave, Refrigerator, Two stoves, Window Coverings

Property Features:

  • Property Type: Business
  • Bathrooms: 7
  • Amenities Nearby: Public Transit
  • Features: Laundry- Coin operated
  • Irregular: Yes
  • Lot Size: Unit=39.99 x 100 Acre
  • Zoning: C1-93
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 3

Courtesy of: COLLIERS INTERNATIONAL NIAGARA LTD., REVEL Realty Inc., Brokerage

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Location of 15 WELLINGTON STREET, St. Catharines (451 - Downtown), Ontario, L2R 5P7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

54/100

Moderate

ClimateCheck®

Current data

This property, 15 WELLINGTON STREET , experiences 7 hot days per year at around 31.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 35 degrees Celsius.

Projected Avg. Temperature

Past
31.4℃
2050
35℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 15 WELLINGTON STREET , experiences 11 significant 2-day storms per year, with about 311mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 380.6mm of precipitation per year.

Precipitation Per Storm

Past
311mm
2050
380.6mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 15 WELLINGTON STREET, St. Catharines (451 - Downtown), Ontario, L2R 5P7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,464.20

Average Number of Children

1.46

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.54 %

High school certificate or equivalent

32.18 %

Apprenticeship trade certificate/diploma

6.05 %

College/non-university certificate

21.05 %

University certificate (below bachelor)

1.18 %

University Degree

26.01 %

Commuter

Travel To Work

By Car

76.77 %

By Public Transit

9.57 %

By Walking

8.55 %

By Bicycle

0.78 %

By Other Methods

4.33 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

53.79 %

Houses

46.21 %

Own Vs. Rent

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