17-19 Collier St - Apartments FOR SALE


St Catharines, ON L2P 2T3- East District
$10,800,000 CAD
416-791-7203
17-19 Collier St, St Catharines, ON for Sale
$10,800,000 CAD
Apartments - FOR SALE
1/11
null | 4.46% Cap Rate

17-19 Collier St
St Catharines, ON L2P 2T3
East District


HIGHLIGHTS

  • Strong Projected Year 1 NOI of $481,606
  • Renovated units featuring open concept layouts, quartz-style kitchen countertops and new flooring throughout.
  • Hydro individually metered, with costs fully covered by tenants; electric heating system.
  • On-site laundry and 6 rentable storage lockers generate supplemental income.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$10,800,000 CAD

PRICE/SF

$377 CAD /SF

# OF UNITS

32

PRICE/UNIT

$337,500

CAP RATE

4.46%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Windsor Suites

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1951

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

R3, G1

APN/PARCEL ID

262901001704100

ASK ABOUT THIS PROPERTY

Dayma ItamunoalaColliersMore Info
416-791-7203

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Dayma ItamunoalaColliersMore Info
416-791-7203

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.