Property Description
Prime Multifamily Investment Opportunity 426 Queenston Street, St. Catharines - Introducing a well-maintained 20-unit multifamily building ideally located in the heart of St. Catharines. This property offers a balanced mix of fully renovated units and well-maintained legacy suites, providing both immediate income and significant value-add potential for the savvy investor. Key capital improvements include: New windows and sliding doors throughout the building, New roof (2015) and asphalt driveway (2017), High-efficiency commercial boiler and hot water tank (2017). Repainted balcony railings (completed 34 years ago). Updated common areas and hallways. Additional income streams include: Coin-operated laundry facilities, Rented storage lockers, with stable existing rents, modern upgrades already completed, and room for further unit renovations or rent optimization, 426 Queenston Street is a strong performer with excellent upside potential in a growing market.
Show MoreLocation Description
Queenston And Bunting
Property Details
- Community: 455 - Secord Woods
- Property Type: Tenant/Commercial
- Garages: None
- Annual Property Taxes : $ 45363
Building Features
- Parking Type : None
Building Features
- Heating : Baseboard
- Sewer : None ,
Rooms
Listing Contracted With: KELLER WILLIAMS CO-ELEVATION REALTY
Listed By Agents Details
Neerajan Vijayakanthan
Realtor
RE/MAX ACE REALTY INC.,
3-1266 Kennedy Rd ,
Toronto , ON M1P 2L5
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