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$4,800,000
Available - For Sale
Listing ID: X12135223
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.
Price $4,800,000
Taxes: $45,363
Tax Type: Annual
Occupancy by: Tenant
Address: 426 Queenston Street , St. Catharines, L2P 2Y2, Niagara
Postal Code: L2P 2Y2
Province/State: Niagara
Legal Description: Pt Lt 10 Con 7 Grantham; Pt Lt 292-293 T
Directions/Cross Streets: Queenston And Bunting
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Apartment
Use: Apts - 13 To 20 Units
Building Percentage: T
Total Area: 31,409
Total Area Code:  Square Feet
Office/Appartment Area Code: Sq Ft
Franchise: F
Maintenance: 0
Sprinklers: No
Rail: N
Heat Type: Baseboard
Central Air Conditioning: No
Sewers: None
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Asking Price: $ Heating: $ /Year  
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KELLER WILLIAMS CO-ELEVATION REALTY

426 Queenston Street , St. Catharines, L2P 2Y2, Niagara

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Maria Tompson
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: St. Catharines
Neighbourhood: 455 - Secord Woods
Style:
Lot Size: x 218.00(Feet)
Approximate Age:
Tax: $45,363
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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