51 MAIN ST Active Save Request In-Person Tour Request Virtual Tour
St. Catharines,ON L2N 4T8
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 6,800 sqft
Price per Sqft $255
MLS Listing ID X9412685
Annual Tax Amount $9,092
Tax Year 2021
Property Description
6 cap!! Steps from the beach! Cashflow AND long-term upside potential with this 8 unit apartment building. Some balconies offering water views of the Royal Canadian Henley Regatta. Situated in one of Niagara's most desirable neighborhoods, surrounded by multi-million dollar homes, and just a 5-minute walk to the active Port Dalhousie beach front, where there are volleyball tournaments, boat marina, vendors, concerts, and active night life. With water on 3 sides of this neighborhood, your long-term value will always appreciate. Additionally, benefit from the new instant hot water system installed in 2022. This is the main street which directs traffic to and from the QEW - great for your commercial tenant. Acquire this asset with built-in equity today. Small VTB available at list price. Opportunity to get most funds out through CMHC select loan program. Time to step up. Portfolio defining asset with room for growth and near future value over $2m!! Don't miss this!
Location
Province ON
County Niagara
Zoning C1
Rooms
Basement None
Kitchen 0
Interior
Cooling Unknown
Inclusions [WATERTANK]
Exterior
Pool None
Community Features Public Transit
Utilities Available Unknown
Roof Type Unknown
Parking Type Unknown
Building
Foundation Post & Pad,Concrete Block
Others
Security Features Unknown