2 South DR new

St. Catharines,ON L2R 4T8

$ 1750000

- Bed

- Bath

7341 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 7,341 sqft

Price per Sqft $238

MLS Listing ID X10407035

Annual Tax Amount $3,080

Tax Year 2024

Property Description

Welcome to a prime investment opportunity in the heart of St Catharines, Ontario, located in the desirable Glenridge community known for its strong rental demand and stable property values. This centrally-located property features five well-maintained apartment units, each separately metered and fully turn-key. All units currently tenanted with nearly all rents up-to-date, this property promises an immediate and steady income. Proximity to Brock University makes this property particularly attractive for students, faculty, and staff. Tenants will appreciate easy access to shopping, nature trails, and other local amenities such as the nearby Meridian Centre and St Catharine's Golf & Country Club, in addition to central transit and four local bus routes. Additionally, quick access to major highways ensures easy travel throughout the region. Seller Does Not Warrant Retrofit Status of Apt.

Location

State ON

County Niagara

Community Greenbelt/Conservation,Major Highway

Interior

Cooling Yes

Exterior

Garage Spaces 5.0

Community Features Greenbelt/Conservation,Major Highway

Utilities Available Available

Parking Type None

Others

Security Features Partial

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