426 Queenston Street St. Catharines, Ontario L2P 2Y2
$4,800,000
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:50886)
Business
Business Type | Residential |
Business Sub Type | Apartments |
Property Details
MLS® Number | X12135223 |
Property Type | Multi-family |
Community Name | 455 - Secord Woods |
Building
Heating Type | Baseboard Heaters |
Size Interior | 31,409 Ft2 |
Type | Multi-family |
Utility Water | Municipal Water |
Land
Acreage | No |
Size Depth | 218 Ft |
Size Frontage | 100 Ft |
Size Irregular | 100 X 218 Ft |
Size Total Text | 100 X 218 Ft |
Zoning Description | R3 |
Contact Us
Contact us for more information
Juan Jose Gutierrez Pineda
Salesperson
2100 Bloor St W #7b
Toronto, Ontario M6S 1M7
(416) 236-1392
(416) 800-9108
kwcoelevation.ca/