172 1/2 Niagara Street, St. Catharines, ON
L2R 4L9
Listed November 12, 2026
Virtual Tour
About this property
Fully occupied LEGAL TRIPLEX generating $4,700/month in rental income! Upgraded with permits and engineered drawings, with work inspected by the City, this turnkey investment offers 3 self-contained units, each with its own laundry facilities and parking. The property features a charming main floor 1-bedroom unit, a bright lower level bachelor with a walkout, and a spacious 4-bedroom unit with a flexible layout. Improvements include updated plumbing and electrical, fire-rated construction, interconnected smoke alarms and an owned hot water tank. All 3 units are occupied by A+ tenants. Current rents total $56,400 annually and include heat, hydro and water. Conveniently located on a bus route with easy QEW access.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 172 1/2 Niagara Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$119,700 · Minimum $34,850
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2026 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$3,893/mo
About $46,716 a year
- $2,647
- $292
- Home insurance$125
- Utilities$330
- Maintenance & repairs$499
Cash needed to close
- Down payment (20%)
- $119,700
- Ontario land transfer tax
- $8,445
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $130,645
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
172 1/2 Niagara Street, St. Catharines, ON
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Last Updated: November 12, 2026
Listing Office: RE/MAX GARDEN CITY REALTY INC, BROKERAGE
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