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$2,650,000
Available - For Sale
Listing ID: X12439523
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.
Price $2,650,000
Taxes: $22,521.14
Tax Type: Annual
Occupancy by: Tenant
Address: 21 Wintemute Stre , Fort Erie, L2A 3N9, Niagara
Postal Code: L2A 3N9
Province/State: Niagara
Directions/Cross Streets: TAIT AVE
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  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
Franchise: F
 Management Expense: 6500
Maintenance: 0
Water Expense: $5612
Net Income Before Debt: $136000
Expenses Actual/Estimated: $Est
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  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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CMHC/GE $ $ $ $
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Income Required $ $ $ $

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.
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: x 176.00(Feet)
Approximate Age:
Tax: $22,521.14
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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