27 Oakdale Ave

The Oakdale project! If you have the vision, this has the potential. 27 Oakdale is in a part of St.Catharines that is seeing continued investment from individual investors, as well as large local builders. This project sits on a 39ft x132ft lot, with MPAC listing the square footage at 1413, and the home being built in 1910. There is lane way access at the rear of the property with a double garage and driveway parking to the side. The value here is in the future potential. There are permits in place and plans/drawings completed for a three unit property. This opportunity has great upside with the potential to have a newly renovated Tri-plex and set your own market rents in a growing area of Niagara's largest city. St.Catharines has approved up to 4 units on residential lots. There is potential to add an accessory dwelling unit (ADU) and the city has grant programs that will cover up to 70% of the renovation cost to a maximum of $80,000 dollars based on ADU type. The location is minutes to the 406 highway, downtown St.Catharines, Brock University, The Pen Center and much of what Niagara has to offer! If you're looking for a winter project, at this price, with these possibilities, this could be the one! For more details and specifics reach out to the listing Realtor. Offers will be reviewed on Sunday January 26th.

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