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$2,099,000
Available - For Sale
Listing ID: X9413854
Step into the practicality and comfort of 26 Gale Crescent, a modest yet well-appointed three-story apartment building. This sturdy structure boasts a commitment to upkeep, evident in its neatly maintained premises. Security is a priority here, with surveillance cameras strategically placed in the interior and exterior of the building. The building contains 12 units, with 8 recently renovated and vacant. Each unit is equipped with its own meter, offering residents the convenience of managing their own utilities independently. Parking is hassle-free, with plenty of space available at the rear of the building. Recent updates made to the mechanical room. This property comes with a commendable cap rate exceeding 6% which makes this investment opportunity stand out in the market.Don't overlook the potential of owning this building. Seize the opportunity before it's gone!
Price $2,099,000
Taxes: $18,848.87
Assessment: $612000
Assessment Year: 2024
Occupancy by: Tenant
Address: 26 GALE Crescent , St. Catharines, L2R 3K9, Ontario
Postal Code: L2R 3K9
Province/State: Ontario
Legal Description: PT LT 3551 CP PL 2 GRANTHAM AS IN RO8178
Lot Size: 68.09 x 162.56 (Feet)
Directions/Cross Streets: Geneva Street right to Gale Crescent
Zoning: R3
Building Percentage: Y
Total Area: 10,107
Total Area Code:  Sq Ft
Approximatly Age: 51-99
Insurance Expense: $8374
 Heat Expenses: $1527
 Hydro Expense:  $3990
Year Expenses: 2024
Expenses Actual/Estimated: $Est
Heat Type: Radiant
Central Air Conditioning: N
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE

26 GALE Crescent , St. Catharines, L2R 3K9, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: St. Catharines
Neighbourhood: 450 - E. Chester
Style:
Lot Size: 68.09 x 162.56(Feet)
Approximate Age: 51-99
Tax: $18,848.87
Maintenance Fee: $0
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