$4,800,000
Available - For Sale
Listing ID: X12135223
426 Queenston Street , St. Catharines, L2P 2Y2, Niagara
| 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: | $45363.00 |
| Tax Type: | Annual |
| Occupancy: | 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 |
| 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 - 13 To 20 Units |
| Building Percentage: | T |
| Total Area: | 31409.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area Code: | Sq Ft |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 0 |
| Rail: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
| Sewers: | None |
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| KELLER WILLIAMS CO-ELEVATION REALTY |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | St. Catharines |
| Neighbourhood: | 455 - Secord Woods |
| Tax: | $45,363 |
| Fireplace: | N |
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