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 Stre , 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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
KELLER WILLIAMS CO-ELEVATION REALTY |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Niagara |
Municipality: | St. Catharines |
Neighbourhood: | 455 - Secord Woods |
Tax: | $45,363 |
Fireplace: | N |