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St. Catharines,ON L2R 4T8
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7,341 sqft
Price per Sqft $238
MLS Listing ID X10407035
Annual Tax Amount $3,080
Tax Year 2024
Property Description
Welcome to a prime investment opportunity in the heart of St Catharines, Ontario, located in the desirable Glenridge community known for its strong rental demand and stable property values. This centrally-located property features five well-maintained apartment units, each separately metered and fully turn-key. All units currently tenanted with nearly all rents up-to-date, this property promises an immediate and steady income. Proximity to Brock University makes this property particularly attractive for students, faculty, and staff. Tenants will appreciate easy access to shopping, nature trails, and other local amenities such as the nearby Meridian Centre and St Catharine's Golf & Country Club, in addition to central transit and four local bus routes. Additionally, quick access to major highways ensures easy travel throughout the region. Seller Does Not Warrant Retrofit Status of Apt.
Location
Province ON
County Niagara
Area Niagara
Zoning R3
Interior
Cooling Yes
Exterior
Community Features Greenbelt/Conservation,Major Highway
Utilities Available Available
Lot Frontage 50.0
Lot Depth 141.0
Others
Security Features Partial