121 Oakdale Avenue
St. Catharines, L2P 2L3
FOR SALE
$849,900

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Investment
CATEGORY67.75 x 124.1
LOT SIZEX12950496
MLSIDContact Us
Property Description
Investment opportunity with strong income and minimal upkeep. This income-generating multi-plex features self-contained units each separately metered for hydro, with in-suite laundry and dedicated parking. Major capital improvements have been completed, including a new A/C (2022), and water heater (2025). Two of the units were created in 2020, offering modern finishes and reduced maintenance. Ground floor units also feature private outdoor spaces. A paved 8-car parking area provides ample space for residents. Currently generating nearly $50,000 in net annual income, this is a solid addition to any investment portfolio. Ideally located with quick access to Highway 406, downtown amenities, the Pen Centre, and public transit within walking distance. The property backs onto a treed area and the Merit Trail, adding privacy and lifestyle appeal for tenants. Zoned R2 non-conforming multi-unit. Previously configured as a doctor's office with residential units, the building has since been converted to its current multi-plex layout.
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Property Details
Address
121 Oakdale Avenue
Community
City
Postal Code
L2P 2L3
Property Type
Investment, Investment
Use
Apartment
Zoning
R2
Lot Size
68' x 124'
Taxes
$8,302 (2025
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
None
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Listing contracted with Bosley Real Estate Ltd.,
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