Apartment For Sale in St. Catharines, ON

388 Queenston St

$1,377,000

Victorian 5-plex Apartment + 2 extra units

Apartment For Sale in St. Catharines, ON - 7+1 bed, 6 bathApartment For Sale in St. Catharines, ON - 7+1 bed, 6 bathApartment For Sale in St. Catharines, ON - 7+1 bed, 6 bath

This seller is willing to negotiate commission with any real estate agent who brings an acceptable offer from a qualified buyer.

  • Description
  • Other Features
  • Map Location
  • Mortgage
  • CONTACT SELLER
Property Description

Fantastic opportunity for investors ~ Interior & exterior immaculate condition ~ Net Income = $59,000 per year ~ Zoned R2 & G1 ~ Parking for 10‐12 vehicles ~ Separate hydro meters & 60‐100amp panels ~ Water heated ~ 1 large main floor 3 bedroom unit with large enclosed porch ~ 4 x 1 bedroom units ~ 1 large extra space (650 sq ft) ~ 1 garage/shop (650 sq ft) ~ Coin laundry on‐site ~ Lifetime metal roof

2018 Renovations = 3 units brand new throughout (kitchens, bathrooms & flooring) ~ 6 separate hydro meters & new 400 amp service ~ New wiring & plumbing throughout entire building ~ Brand new high efficiency boiler ($16k) ~ 16 new interconnected smoke/strobe/CO fire system & inspection ~ asphalt driveway & concrete sidewalks ($15k) ~ 3 new fridges, stoves & built-in microwaves ~ 50 yr shingled roof on garage

2010 Renovations = entire building renovated to the studs ~ 3 new fridges, stoves & built-in microwaves ~ 42 new vinyl windows ~ Large insulated, heated & air conditioned garage with 100 amp service, new furnace, AC unit & hot water heater

Location Perks ~ Overlooks a park ~ Bus stop in front of the building or short walk to multiple routes ~ Close to schools, restaurants & shopping ~ 5 minutes to downtown St. Catharines, Meridian Centre, Niagara College, Brock University, Pen Centre & Niagara-on-the-Lake Outlet mall ~ 2 minute drive to QEW & 406 highways

PDF slideshow & income/expense statements available upon request

Other Features
Fireplace
Map Location

Approximate Map Location*

388 Queenston St, St. Catharines, Ontario, Canada   L2P 2X9

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* Each seller is responsible for ensuring that their map location is accurate. Please contact the seller directly if you have any questions.

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Contact Seller(s)
Seller Name:

Jan

Phone:

905-931-7577

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Location - Click to Expand
The Basics
  • Property Type: Apartment
  • Ad Type: For Sale
  • Ownership: Freehold
  • Listing ID: 684538
Price: $1,377,000
Main Features
7+1 Bedrooms
6 Bathrooms
Unspecified
Square Feet
16760 sq ft
Lot Size
2.5 Stories
Unspecified
Year Built
Unspecified
Annual Taxes
Bathroom Types - Click to Expand
Parking
Parking Lot