Great first time investor building in prime downtown St. Catharines. House form wood frame building substantially updated inside and out. Windows, roof, exterior, common areas all updated. 5 of the 7 suites have been gutted to the studs and totally renovated to condo quality including heat pump mini spits, stone countertops and new appliances. Tenants pay hydro. Over $30,000 upside in rents. Future gas savings $6,600 per year with removal of global boiler in the basement.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
4312 sq. ft. Acres
Total Area:
4,312.44 sq. ft.401 m2
Depth:
88'4"26.9 m
Frontage:
46'14 m
Water supply:
Municipal
Zoning:
MR
Heating type:
Other
Garage:
Outside/Surface
HST Applicable To Sale Price:
No
Type Taxes:
Annual
Taxes:
$10,955 /
2024
Assessment:
$- /
-
St. Catharines
451 - Downtown
Niagara
Public Transit
No
1 washer and 1 dryer in the basement owned the Seller.
Potential to put storage lockers in the basement for additional income. Low maintenace and easy to manage asset. Driveway parking 3 tandem cars. Bus at door and steps to downtown.
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