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$2,650,000
Available - For Sale
Listing ID: X11950046
Welcome to 21 Wintemute! This exceptional 9-unit apartment building has been meticulously rebuilt from the ground up, offering modern amenities and a turn-key investment opportunity. Each unit boasts its own gas forced air furnace and central air conditioning, ensuring personalized comfort year-round. With in-unit washer and dryer facilities, tenants enjoy unparalleled convenience. Generating an impressive $210,000+ in annual income, this property is a solid addition to any investment portfolio. The expansive parking lot provides ample space for tenants and guests, enhancing the property's appeal. Located just a short walk from the picturesque Niagara River and moments from downtown Fort Erie, the building is perfectly positioned for both residents and investors seeking accessibility and charm. Professionally managed and fully operational, 21 Wintemute represents a rare opportunity to own a hassle-free, income-generating property in a prime location. Don't miss out on this gem schedule a viewing today!
Price $2,650,000
Taxes: $22,521.14
Tax Type: Annual
Assessment: $703000
Assessment Year: 2024
Occupancy by: Tenant
Address: 21 Wintemute Stre , Fort Erie, L2A 3N9, Niagara
Postal Code: L2A 3N9
Province/State: Niagara
Lot Size: 95.69 x 176 (Feet)
Directions/Cross Streets: TAIT AVE
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 9,000
Total Area Code:  Square Feet
Area Influences: Public Transit   Recreation/Comm
Business/Building Name: 21 WINTEMUTE
Financial Statement: T
Chattels: T
Franchise: F
Taxes Expense: $22700
Insurance Expense: $6400
 Management Expense: 6500
Maintenance: 0
 Heat Expenses: $4754
 Hydro Expense:  $7361
Water Expense: $5612
Gross Income/Sales: $210000
Operating Expenses: $71000
Vacancy Allowance: 0
Net Income Before Debt: $136000
Year Expenses: 2024
Expenses Actual/Estimated: $Act
Sprinklers: No
Outside Storage: F
Crane: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX NIAGARA REALTY LTD, BROKERAGE

21 Wintemute Stre , Fort Erie, L2A 3N9, Niagara


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Fort Erie
Neighbourhood: 332 - Central
Style:
Lot Size: 95.69 x 176.00(Feet)
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Tax: $22,521.14
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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