$1,736,000

Commercial For Sale In Port Dalhousie, Ontario

$1,736,000

Property Information:

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!

Inclusions: Hot Water Tank Owned

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: None
  • Construction Materials: Vinyl Siding
  • Lot Depth: 115 Feet
  • Lot Features: City Lot, High Traffic Area, Highway Access, Marina, Public Transit, Schools, Visual Exposure
  • Lot Frontage: 36.00 Feet
  • Water Source: Municipal
  • Zoning: C1
  • Sewer: Sewer (Municipal)

Courtesy of: KELLER WILLIAMS COMPLETE REALTY

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved