***Total Gross Annual Income: $111,480*** TURNKEY INVESTMENT PROPERTY OPPORTUNITY!!! Fabulous Mixed-Use Commercial Property near vibrant Downtown core of St. Catharines has 6 Residential Apt Units & 1 Retail Storefront! This building has been fully renovated & upgraded in so many ways - BRAND NEW Electrical, Plumbing, Vinyl Flooring, LED Pot Lights, Flat Roof, Exterior Painting, Hot Water Tank/Tankless Heater (owned, NTI Brand, $12,000 value!) and certified FIRE SAFETY PLAN with Exit Signs, Fire Doors & Smoke/CO2 Detectors. *5 Parking spots at Rear included! 3 apts fully reno'd in 2024 & 1 apt reno'd in 2021: Stunning contemporary Kitchens w/ new Stainless Steel appliances & custom tiled Bathrooms (Windows replaced on Units 2 & 6). 3 apts are already tenanted! Main level Retail space is spacious clean 443sqft + includes 688sqft of basement storage & bathroom, and amazing street signage area. Building is Roughed-in for Shared Basement Laundry and wired for 8 Security Cameras on Exterior & Stairwells. (*Note: Some photos have been virtually edited.) High-traffic area has great exposure -- Don't miss out on this incredible opportunity to be the owner of this well-situated property with tons of income potential! MIXED USE ZONING (M1) - see Zoning attachment for all the allowable possibilities!!!
MLS# | 40582311 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 185 |
Listing Provided By | KELLER WILLIAMS REAL ESTATE ASSOCIATES | Telma Melo |
SQ Feet | 4,055 |
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Basement | Y |
Story(s) | 2 |
Zoning | M1, M3 |
Province | ON |
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Region | Niagara |
City | St. Catharines |
Postal Code | L2R 3E8 |
Area | St. Catharines |
Subarea | 451 Downtown |
Community Name | 451 Downtown |
Listing VS Median (in 451 Downtown) | |
Price: $1,150,000 low | high Med: $489,888 SqFt: 4,055 low | high Med: 1,363 $ / SqFt: $284 low | high Med: $359 On Site: 185 low | high Med: 24.000000 |