St. Catharines L2R 3E8 Ontario
MLS: X12475056
Added 9 hours ago | For Sale
Listed by: ROCK STAR REAL ESTATE INC.
249253 Church St. offers a strong investment opportunity in central St. Catharines with a mix of residential and commercial income. The property includes four 2-bedroom apartments and a main floor commercial space previously used as a salon/barbershop. Each apartment has its own furnace, HVAC system, and hydro meter, plus theres a coin laundry at the rear for tenant use.Gross monthly income is $5,729 ($68,748 annually - commercial unit currently vacant).The property is ideally located in a downtown area experiencing major growth, with over $200 million invested in recent years and the redevelopment of the former 11-acre hospital site into new residential projects. This neighbourhood is next in line for significant transformation, making this a prime time to invest.