Welcome to a prime investment in downtown St. Catharines! Priced at a 7.05% cap
rate with high rental potential. This property features 4/5 vacant residential
units: two junior one-bedrooms and three large one-bedrooms, all recently
renovated with new floors, kitchens, washrooms, and paint. The projected rent for
1 bedroom is $1200 & $1450. The main floor houses a fully operational laundromat
with 8 washers and 4 double-stacked dryers, offering steady income. Additional
features include a new radiant hot water heating system, updated boiler systems,
and fresh exterior paint with a newer roof. Please see brochure for complete
financial details.
Property Type:
Residential Income
Property SubType:
Multi-6-9 Unit
Listing General Location:
210 - Downtown, Niagara Falls
Bedrooms:
5
Bathrooms:
6.0
(Full:-/Half:-)
Lot Details:
100.22 x 33.07
Lot Depth:
100'3"30.5 m
Lot Frontage:
33'1"10.1 m
Frontage Type:
East
Lot Shape:
24.85ft. x 39.19ft. x 100.22ft. x 33.07ft. x 99.41
Data was last updated December 10, 2024 at 01:50 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$759,900
Min list price:
$379,900
Max list price:
$2,400,000
Avg days on market:
62
Min days on market:
12
Max days on market:
310
Avg price per sq.ft.:
$363.97
These statistics are generated based on the current listing's property type
and located in
Niagara Falls. Average values are
derived using median calculations.