Matthew Tenk
Broker of Record
237 Church Street St. Catharines (451 - Downtown), Ontario L2R 3E8
$1,150,000
***Total Gross Annual Income: $105,480*** 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!), separate Bosch Heating/Cooling system for Retail Storefront unit ($4,000 upgrade!) + 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 has Shared Basement Coin Laundry and wired for 8 Security Cameras on Exterior & Stairwells. (*Note: Some photos have been virtually edited.) **** EXTRAS **** High-traffic area has great visual exposure -- Don't miss out on this incredible opportunity to be the owner of this well-situated property with tons of income potential! (id:39551)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X11923140 |
| Property Type | Multi-family |
| Community Name | 451 - Downtown |
| Parking Space Total | 5 |
Building
| Appliances | Blinds, Microwave, Refrigerator, Stove, Window Coverings |
| Fireplace Present | No |
| Heating Type | Radiant Heat |
| Size Interior | 4055 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 140 Ft |
| Size Frontage | 33 Ft |
| Size Irregular | 33 X 140 Ft |
| Size Total Text | 33 X 140 Ft |
| Zoning Description | Mixed Use (m1, M3) |
Interested?
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Toronto Real Estate Board
Keller Williams Real Estate Associates
January 14 2025 08:39:08
