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$1,150,000
Available - For Sale
Listing ID: X8328428
***Total Gross Annual Income: $111,480*** TURNKEY INVESTMENT PROPERTY OPPORTUNITY!!! Fabulous Mixed-Use Commercial Property near vibrant Downtown core of St. Catharines has 6 RESIDENTIAL APTS & 1 RETAIL STOREFRONT! This building has been fully renovated & upgraded in so many ways - BRAND NEW Electrical, Plumbing, Vinyl Flooring, LED Pot Lights, Flat Roof, Exterior Painting, Hot Water Tank/Tankless Heater (owned, NTI Brand, $12,000 value!) and certified FIRE SAFETY PLAN with Exit Signs, Fire Doors & Smoke/CO2 Detectors. *5 Parking spots at Rear included! 3 apts fully reno'd in 2024 & 1 apt reno'd in 2021: Stunning contemporary Kitchens w/ new Stainless Steel appliances & custom tiled Bathrooms (Windows replaced on Units 2 & 6). 3 apts are already tenanted! Main level Retail space is spacious clean 443sqft + includes 688sqft of basement storage & bathroom, and amazing street signage area. Building is Roughed-in for Shared Basement Laundry and wired for 8 Security Cameras on Exterior & Stairwells. (*Note: Some photos have been virtually edited.) High-traffic area has great exposure -- Don't miss out on this incredible opportunity to be the owner of this well-situated property with tons of income potential!
Extras:   MIXED USE ZONING (M1) - see Zoning attachment for all the allowable possibilities!!!
Price $1,150,000
Taxes: $4,441.16
Tax Type: Annual
Assessment: $264000
Assessment Year: 2024
Occupancy by: Tenant
Address: 237 Church St , St. Catharines, L2R 3E8, Ontario
Postal Code: L2R 3E8
Province/State: Ontario
Legal Description: PT LT 3829 CP PL 2 GRANTHAM PT 1 & 2 30R
Lot Size: 33 x 140 (Feet)
Directions/Cross Streets: Church St & Frank St
Zoning: MIXED USE (M1, M
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 4,055
Total Area Code:  Sq Ft
Office/Appartment Area: 2924
Office/Appartment Area Code: Sq Ft
Retail Area: 1131
Retail Area Code: Sq Ft
Sprinklers: N
Heat Type: Radiant
Central Air Conditioning: N
Elevator Lift: None
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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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.
KELLER WILLIAMS REAL ESTATE ASSOCIATES

237 Church St , St. Catharines, L2R 3E8, Ontario


 
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Type: Com - Investment
Area: Niagara
Municipality: St. Catharines
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Lot Size: 33.00 x 140.00(Feet)
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