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$ 4,800,000
Est. payment | /mo
31,409 SqFt
$ 4,800,000
Est. payment | /mo
31,409 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 31,409 sqft
Price per Sqft $152
Subdivision 455 - Secord Woods
MLS® Listing ID X12135223
Source Toronto Regional Real Estate Board
Property Description
Prime Multifamily Investment Opportunity 426 Queenston Street, St. Catharines - Introducing a well-maintained 20-unit multifamily building ideally located in the heart of St. Catharines. This property offers a balanced mix of fully renovated units and well-maintained legacy suites, providing both immediate income and significant value-add potential for the savvy investor. Key capital improvements include: New windows and sliding doors throughout the building, New roof (2015) and asphalt driveway (2017), High-efficiency commercial boiler and hot water tank (2017). Repainted balcony railings (completed 34 years ago). Updated common areas and hallways. Additional income streams include: Coin-operated laundry facilities, Rented storage lockers, with stable existing rents, modern upgrades already completed, and room for further unit renovations or rent optimization, 426 Queenston Street is a strong performer with excellent upside potential in a growing market. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by KELLER WILLIAMS CO-ELEVATION REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "