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$2,050,000
Available - For Sale
Listing ID: X11957110
Welcome to 26 Gale Crescent Under POWER OF SALE. A tremendous Investment Opportunity! Own a 12 Unit Multiplex With An Exceptional Cap Rate Above 6%. This 3 Storey 12 Unit Multiplex Has Been Meticulously Maintained With 8 Recently Renovated Vacant Units! Each Unit is Separately Metered Making It A Breeze To Manage. Parking Is Never An Issue With Ample Outdoor Parking In The Rear. Loads Of Storage Is Available As Well In The Detached Garage. Prime Location In One Of Niagara's Prominent Cities. Truly A Gem. Invest Or Live In One Unit And Have The Rent Carry! Very Rare Opportunity To Become A Landlord Of An Apartment Complex! Build Generational Wealth!
Price $2,050,000
Taxes: $18,848.8
Tax Type: Annual
Occupancy by: Partial
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
Category: Apartment
Building Percentage: Y
Total Area: 10,107
Total Area Code:  Sq Ft
Approximatly Age: 51-99
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.
MII REALTY POINT

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: $18,848.8
Maintenance Fee: $0
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