LOADING

2 South Drive St. Catharines, Ontario L2R 4T8

7341 sqft
Fully Air Conditioned Radiant Heat

$1,900,000

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. With 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. **** EXTRAS **** Five surface parking spots available for tenants, along with a large backyard providing additional outdoor space. The property also features coin-operated laundry facilities and dry storage in the basement. (id:27910)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X8455136
Property Type Multi-family
Amenities Near By Highway
Features Conservation/green Belt

Building

Cooling Type Fully Air Conditioned
Heating Type Radiant Heat
Size Interior 7341 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway
Size Depth 141 Ft
Size Frontage 50 Ft
Size Irregular 50 X 141 Ft
Size Total Text 50 X 141 Ft
Zoning Description R3