




This multi-family in St. Catharines offers 11,155 sqft of living space. The property has lot dimensions of 59 x 90.5 FT. The home features baseboard heaters, forced air, natural gas, other heating, fully air conditioned.
Prime mixed-use investment opportunity in the heart of downtown St. Catharines. The property features 2 ground-floor commercial units with excellent street exposure and 13 residential apartments above. Well maintained and income-producing, the building offers stable cash flow with upside potential through rental growth and future appreciation. Located along St. Catharines' main commercial corridor, directly across from the FirstOntario Performing Arts Centre, and surrounded by restaurants, cafés, shops, and new residential developments. Steps to the Meridian Centre, Brock University's downtown campus, transit, and public parking. Offered at just over a 6% cap rate, this is a turn-key investment in one of Niagara's most active and rapidly growing downtown markets. (id:60351)
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St. Catharines, Ontario, L2S2E3
Listed by LEN QUATTROCIOCCHI, Sotheby's International Realty Canada, Brokerage
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Listing represented by LEN QUATTROCIOCCHI, Sotheby's International Realty Canada, Brokerage · MLS# X12484265
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.