237 Church Street, St. Catharines (451 – Downtown), Ontario L2R 3E8 (27801317)


LOADING

4,055 ft2
Radiant Heat

$1,050,000

***Total Gross Annual Income: $105,480*** 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!), separate Bosch Heating/Cooling system for Retail Storefront unit ($4,000 upgrade!) + 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). All 6 Apts & Front Store are fully tenanted! Main level Retail space is spacious clean 443sqft + includes 688sqft of basement storage & bathroom, and amazing street signage area. Building has Shared Basement Coin Laundry and wired for 8 Security Cameras on Exterior & Stairwells. (*Note: Some photos have been virtually edited.) **** EXTRAS **** High-traffic area has great visual exposure -- Don't miss out on this incredible opportunity to be the owner of this well-situated property with tons of income potential! (id:54662)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X11923140
Property Type Multi-family
Community Name 451 - Downtown
Parking Space Total 5

Building

Appliances Blinds, Microwave, Refrigerator, Stove, Window Coverings
Heating Type Radiant Heat
Size Interior 4,055 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 140 Ft
Size Frontage 33 Ft
Size Irregular 33 X 140 Ft
Size Total Text 33 X 140 Ft
Zoning Description Mixed Use (m1, M3)

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Telma Melo
Salesperson

(905) 812-8123
www.melorealestategroup.com/

Keller Williams Real Estate Associates
7145 West Credit Ave B1 #100
Mississauga, Ontario L5N 6J7

(905) 812-8123
(905) 812-8155