$699,000

205 Queenston Street

St. Catharines ON, L2R 3A5

Description

This four unit income property has been totally renovated top to bottom. Updates throughout include new windows, kitchens, bathrooms, flooring, doors, trim, freshly painted and custom lock sets with a master key for easy access. Healthy financials make this investment a must, boasting a minimum cash flow of $750/m after expenses and debt servicing, a cap rate of 5.1% and a 5.2% ROI. 3 units are tenanted, while the nicest unit is vacant, allowing the option for you to move in and occupy, or set your own rent. Leases are in place and all tenants would like to stay. Located just a walk away from the rejuvenated downtown St. Catharines, on the bus route and close to the QEW and 406 for commuters.

Details

MLS#H4092111
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site25

Features

SQ Feet1,678
Units4
Building(s)1
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Area Information
ProvinceON
CountyNiagara
CitySt. Catharines
Postal CodeL2R 3A5
AreaNiagara
Listing VS Median (in L2R 3A5)
Price:
$699,000
low | high
Med:
$699,000
50% of Average
SqFt:
1,678
low | high
Med:
1,678
50% of Average
$ / SqFt:
$417
low | high
Med:
$417
50% of Average
On Site:
25
low | high
Med:
25
100% of Average
Listing Updated: November 26, 2020 8:04:32 PM PST
Henk Vanden Beukel LogoMLS Number: H4092111
Listing Provided By:
Henk Vanden Beukel  of  Royal LePage NRC Realty Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.