78 Geneva St
St. Catharines, L2R 4M9
FOR SALE
$1,199,888
Terminated
$0
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7 + 1
BEDROOMS5
BATHROOMS5
KITCHENS14 + 1
ROOMSX9233128
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-31 | 2024-10-22 | 83 | $1,199,888 | - | Terminated |
| 2024-02-14 | 2024-05-22 | 98 | $999,888 | - | Terminated |
| 2024-02-14 | 2024-04-27 | 73 | $999,888 | - | Suspended |
| 2022-01-10 | 2022-02-16 | 41 | $899,000 | - | Suspended |
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Property Description
7% cap rate! Welcome to your next investment venture 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 8 washer and 4 double stack 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 brochure link
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
33' x 100'
Lot Irregularities
24.85FTX39.19FTX100.22FTX33.07FTX99.91FT
Fronting
East
Taxes
$3,732 (2023)
Basement
Part Fin, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Mutual
Garage Type
None
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