199 Russell Avenue in St. Catharines: 451 – Downtown House for sale : MLS®# X13613366
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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!
Data was last updated July 30, 2026 at 04:15 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$624,450
Min list price:
$419,000
Max list price:
$1,349,800
Avg days on market:
51
Min days on market:
2
Max days on market:
376
These statistics are generated based on the current listing's property type
and located in
St. Catharines. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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