$1,500,000
Available - For Sale
Listing ID: X11934669
200 King Street , St. Catharines, L2R 3J7, Niagara
| Great first time investor building in prime downtown St. Catharines. House form wood frame building substantially updated inside and out. Windows, roof, exterior, common areas all updated. 5 of the 7 suites have been gutted to the studs and totally renovated to condo quality including heat pump mini spits, stone countertops and new appliances. Tenants pay hydro. Over $30,000 upside in rents. Future gas savings $6,600 per year with removal of global boiler in the basement. **EXTRAS** Potential to put storage lockers in the basement for additional income. Low maintenace and easy to manage asset. Driveway parking 3 tandem cars. Bus at door and steps to downtown. |
| Price | $1,500,000 |
| Taxes: | $10955.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 200 King Street , St. Catharines, L2R 3J7, Niagara |
| Postal Code: | L2R 3J7 |
| Province/State: | Niagara |
| Legal Description: | Lt 332, Pt/L 333, CP Plan 2 Grantham as |
| Lot Size: | 46.00 x 88.35 (Feet) |
| Directions/Cross Streets: | King St and Court St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 0.10 |
| Total Area Code: | Acres |
| Area Influences: | Public Transit |
| Financial Statement: | F |
| Net Income Before Debt: | $80000 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Other |
| Central Air Conditioning: | Partial |
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| COMMERCIAL FOCUS REALTY INC. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | St. Catharines |
| Neighbourhood: | 451 - Downtown |
| Lot Size: | 46.00 x 88.35(Feet) |
| Tax: | $10,955 |
| Fireplace: | N |
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