237 Church St
St. Catharines, L2R3E8
For Sale
$1,150,000
➧
➧
Apartment
CATEGORY4,055 Sq Ft
TOTAL AREAX8328428
MLSIDContact Us
Property Description
***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!
Call
Extras
MIXED USE ZONING (M1) - see Zoning attachment for all the allowable possibilities!!!
Property Details
Category
Apartment
Usage
Apts-6 To 12 Units
Zoning
MIXED USE (M1, M3)
Total Area
4,055 Sq Ft
Office/Apartment Area
2,924 Sq Ft
Retail Area
1,131 Sq Ft
Lot Size
33' x 140'
Taxes
$4,441 (2024)
Parking Spaces
5
Call
Listing contracted with Keller Williams Real Estate Associates
Similar Listings
SOLID BRICK 5 PLEX INCLUDING 2-2 BDRM UNITS & 3-1 BDRM UNITS. WINDOWS UPDATED IN 2017.OTHER UPDATESINCLUDE BOILER MOTOR 2018, FULL COSMETIC RENOVATIONS TO UNIT 1,3 AND 5. FITTED WITH FIVE SEPARATE HYDROMETERS. ASPHALT PARKING LOT WITH FIVE PARKING SPOTS. FIVE FRIDGES AND FIVE STOVES INCLUDED AS SEEN INTHE LISTING AND 1 WASHER AND DRYER.UNIT#1 RENTED FOR $1600. UNIT#2 RENTED FOR $808.06. UNIT#3 RENTED FOR$1500. UNIT #4 IS VANANT AND READY FOR VALUE ADD AND MARKET RENT. UNIT #5 IS VACANT AND READY FOR MARKETRENT. GREAT RENTAL LOCATION NEAR THE GO TRAIN STATION, SHOPPING CENTRES AND DOWNTOWN CORE
Call
Investor Alert! Fantastic, Turn-key LEGAL TRIPLEX with 3 hydro meters. CASHFLOW Positive! Fully tenanted with great tenants. Unit mix is 2 x 1 bedroom units and 1 x 2 bedroom unit. Tons of parking out back (4+ cars). Nothing to do but close and start collecting rent! Gross rents of ~$45,000 annually.
Call
Call