78 Geneva St

Welcome to your next investment venture with 6.5% cap rate in the heart of St. Catharines! This exceptional property presents a lucrative opportunity for savvy investors. Boasting 4/5 vacant residential units -including two spacious one-bedroom units and three versatile bachelor suites - and a thriving laundromat business on the main floor, equipped with 21 washer and dryer units, this property is primed for immediate income generation. Plus, with the potential to add a sixth unit in the basement, the possibilities for maximizing returns are endless. Updated boiler systems, approved permits, and a detached structure with neighbouring properties undergoing redevelopment plans further elevate its value. Data room available in brochuer link

Located on a main thoroughfare with its own future redevelopment potential, this property promises not just immediate cash flow but also long-term growth prospects. Don't miss out on this rare investment gem in booming St. Catharines