INVESTMENT PROPERTY: This property located on a quiet, tree-lined street, offers a diversified blend of occupancies and a 7.08% CAP Rate. All units have separate entrances and hydro meters. The detached 1-1/2 car garage is leased out separately, providing additional revenue. There is a coin-operated laundry in the basement for the tenant's use. Two units are tenanted. Unit 1(basement) $1,025/month, Unit 2(main level) $1,625/month, Unit 3(upper) is vacant, market rent +/-$1650, Garage $300/month. Above Grade sq ft is 1612sf. Tenants pay their own Hydro. Public transit is nearby, as are: parks, schools, eateries, gyms, hospital, 4-pad arena complex, and easy QEW/406 access. Income/Expense Sheet available. Add to your real estate investment portfolio today
Last updated on : Thursday 13th of March 2025 10:25:03 AM
Street : 24 UNION STREET
City : St. Catharines (458 - Western Hill)
Province : Ontario
Country : Canada
Postal Code : L2S2R2
Property ID : X11973841
Building Type : Triplex
Property Type : Multi-family
Bedrooms : 6
Bathrooms : 3
Parking : 4