ON > St. Catharines > 451 - Downtown
St. Catharines, ON L2R 3J7,200 King ST
St. Catharines, ON L2R 3J7,200 King ST
St. Catharines, ON L2R 3J7,200 King ST
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Lauren Johnston

Lauren Johnston

+1(705) 321-0091
$1,500,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision 451 - Downtown

MLS Listing ID X11934669

Annual Tax Amount $10,955

Tax Year 2024

Property Sub-Type Investment

Property Description

Great first time investor building in prime downtown St. Catharines. House form wood frame building substantially updated inside and out. Windows, roof, exterior, common areas all updated. 5 of the 7 suites have been gutted to the studs and totally renovated to condo quality including heat pump mini spits, stone countertops and new appliances. Tenants pay hydro. Over $30,000 upside in rents. Future gas savings $6,600 per year with removal of global boiler in the basement. **EXTRAS** Potential to put storage lockers in the basement for additional income. Low maintenace and easy to manage asset. Driveway parking 3 tandem cars. Bus at door and steps to downtown.

Location

Province ON

County Niagara

Community 451 - Downtown

Area Niagara

Interior

Cooling Partial

Exterior

Community Features Public Transit

Utilities Available Yes

Lot Frontage 46.0

Lot Depth 88.35

Others

Security Features No

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Listed by COMMERCIAL FOCUS REALTY INC.

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agent

Lauren Johnston

+1(705) 321-0091

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