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$4,295,000
For Sale
426 Queenston Street, St. Catharines, ON L2P 2Y2
St. Catharines, ON L2P 2Y2
Property Sub Type
Investment
Property Type
Commercial
Property Use
Apartment
Located in the core of St. Catharine's, this 20-unit residential building presents an excellent opportunity for investors seeking both reliable income and growth potential. The property includes a combination of units that have been recently renovated and some need upgrades. Notable recent improvements include updated windows and sliding doors throughout the property, a new roof installed in 2015, an asphalt driveway replaced in 2017, and a high-efficiency boiler system plus hot water tank added in 2017, and most of the units have Balconies. There is laundry facility in the building, plus there is lockers generating $$$. There is potential to increase rents through further renovation and unit upgrades. With a solid foundation and opportunities for growth, this property is well-positioned for investors looking to capitalize on a thriving market with upside potential.
