Property Information:
***Total Gross Annual Income: $111,480*** TURNKEY INVESTMENT PROPERTY OPPORTUNITY!!! Fabulous Mixed-Use Commercial Property near vibrant Downtown core of St. Catharines has 6 Residential Apt Units & 1 Retail Storefront! This building has been fully renovated & upgraded in so many ways - BRAND NEW Electrical, Plumbing, Vinyl Flooring, LED Pot Lights, Flat Roof, Exterior Painting, Hot Water Tank/Tankless Heater (owned, NTI Brand, $12,000 value!) and certified FIRE SAFETY PLAN with Exit Signs, Fire Doors & Smoke/CO2 Detectors. *5 Parking spots at Rear included! 3 apts fully reno'd in 2024 & 1 apt reno'd in 2021: Stunning contemporary Kitchens w/ new Stainless Steel appliances & custom tiled Bathrooms (Windows replaced on Units 2 & 6). 3 apts are already tenanted! Main level Retail space is spacious clean 443sqft + includes 688sqft of basement storage & bathroom, and amazing street signage area. Building is Roughed-in for Shared Basement Laundry and wired for 8 Security Cameras on Exterior & Stairwells. (*Note: Some photos have been virtually edited.) High-traffic area has great exposure -- Don't miss out on this incredible opportunity to be the owner of this well-situated property with tons of income potential! MIXED USE ZONING (M1) - see Zoning attachment for all the allowable possibilities!!!
Inclusions: All Existing Elf's, All Existing Window Coverings, Drapes, Curtains, Rods, Blinds & Brackets, All Existing Appliances (6 Fridges, 6 Stoves, 6 Otr Microwaves/Hoods), Hot Water Tank/Tankless Heater (Owned), 5 Parking Spots At Rear.
