Property Information:
Welcome to a prime investment in downtown St. Catharines! Priced at a 7.05% caprate with high rental potential. This property features 4/5 vacant residentialunits: two junior one-bedrooms and three large one-bedrooms, all recentlyrenovated with new floors, kitchens, washrooms, and paint. The projected rent for1 bedroom is $1200 & $1450. The main floor houses a fully operational laundromatwith 8 washers and 4 double-stacked dryers, offering steady income. Additionalfeatures include a new radiant hot water heating system, updated boiler systems,and fresh exterior paint with a newer roof. Please see brochure for completefinancial details.
Inclusions: Smoke Detector,8 Washers, 4 Double Stack Dryers, 5 Fridge, 5 Stoves, 1 Boiler For Heating, 1 Boiler For Hot Water, 1 Hot Water Tank.ind Hydro Meters
Exclusions : Tenant Belongings
Building Features:
-
Floor Space:
3450 Square Feet
Courtesy of: Re/Max Gold Realty Inc., Brokerage
Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
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
Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.