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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 Cres , 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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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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 Cres , 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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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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