199 Russell Avenue, St. Catharines, ON L2R 1W9

About this property

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!

Property facts & features

Days on market

Not reported

Property type

Triplex

MLS® number

X13613366

Source status

New

Bedrooms

4

Bathrooms

3

Neighbourhood

Not provided

Postal code

L2R 1W9

Kitchens

3

Kitchens above grade

2

Kitchens below grade

1

Family room / den

No

Interior size (reported range)

1100-1500 (units not reported)

Lot size

Not reported

Lot depth

132 ft

Garage parking spaces

Not reported

Total parking spaces

5

Occupancy

Tenant

Possession type

90+ days

Garage

Detached

Annual property tax

3408

Basement

Walk-Up, Full, Separate Entrance, Finished

Laundry

Not provided

Interior features

Separate Hydro Meter

Exterior features

Not provided

MLS entry age (not confirmed DOM)

98 days

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Utilities & included services

Reported utility services

Not reported

Water source

Not reported

Sewer

Sewer

Heating system

Baseboard

Heating fuel

Gas

Cooling

None

Included in rent

Not reported

Included in maintenance

Not reported

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Rooms & virtual tours

Bedrooms above grade

3

Bedrooms below grade

1

Rooms above grade

6

Rooms below grade

2

Den / family room reported

No

Reported counts are shown independently. Room dimensions have not been inferred from these counts.

Ask the listing brokerage for floor plans and measured room layouts.

Listing dates & price record

Asking amount

$449,900

1. Jul 28, 2026

   Original MLS entry

   Entry into the source MLS system; distinct from days on market.

Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.

Nearby recorded transactions

Sold and leased comparables require an approved VOW account.

Plan your monthly ownership costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

Region / county

NIAGARA

Municipality

ST. CATHARINES

MLS® community

451 - Downtown

Commute estimates are not connected. Optional map overlays remain off.