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$1,799,000
Status: For Sale
12-unit apartment building. Approx. 7.1% cap rate & 22.9% ROI with 20% down and these number take into account estimates for Maintenance, Super, Vacancy and Property Management. A Must see building to appreciate how large the apartments are. 8 x 1-bed, 4 x 2-bed. 12 Parking spots. 3 HWT's owned. 2 Coin wash & dry Owned. Tenants pay hydro, helping lower overall operating costs. New boiler installed in December 2025. Roof 2016. The property is steps from Downtown St. Catharines, Montebello Park, Fourth Avenue retail, and quick access to the QEW. Enjoy the phenomenal current cashflow knowing that there is still tremendous upside on rents on turnover. Scheduled Tours of all units will take place Saturday July 18th from 10:00AM to Noon. Please confirm attendance.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X13558406 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :15 Jul, 2026 (67 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Niagara |
|---|---|
| Postal Code | :
L2R 2M3
|
| Price | : $1,799,000 |
|---|---|
| Property Taxes | :$24876.0 |
| Tax Year | :2025 |
|---|
| Air Conditioning | :No |
|---|---|
| Heating | :Gas Hot Water |
| Cross Street | :Near: WELLAND/YORK |
| Fireplace/Stove | :Yes |
|---|
13 Jul, 2026
TREB #X13558406
Listed
$1799000.0
