249-253 CHURCH Street, St. Catharines, ON L2R 3E8

St. Catharines L2R 3E8 Ontario

MLS: X12475056

$799,000

Added 9 hours ago | For Sale

Listed by: ROCK STAR REAL ESTATE INC.

About Property

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.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 54.1 X 64
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Property is at the corner of Church and Page Streets
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $1
  • Bedrooms:
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12475056

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