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.
Last updated on : Wednesday 4th of June 2025 04:05:59 PM
Street : 426 QUEENSTON STREET
City : St. Catharines (Secord Woods)
Country : Canada
Postal Code : L2P2Y2
Property ID : X12135223
Building Type : Multi-Family
Property Type : Multi-family