17-19 Collier Street

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.

Investment Highlights

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