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$ 2,099,000
Est. payment /mo
Pending
26 GALE CRES St. Catharines, ON L2R 3K9
10,107 SqFt
UPDATED:
11/27/2024 07:47 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
Square Footage 10,107 sqft
Price per Sqft $207
MLS Listing ID X9413854
Annual Tax Amount $18,848
Tax Year 2023
Property Description
Step into the practicality and comfort of 26 Gale Crescent, a modest yet well-appointed three-story apartment building. This sturdy structure boasts a commitment to upkeep, evident in its neatly maintained premises. Security is a priority here, with surveillance cameras strategically placed in the interior and exterior of the building. The building contains 12 units, with 8 recently renovated and vacant. Each unit is equipped with its own meter, offering residents the convenience of managing their own utilities independently. Parking is hassle-free, with plenty of space available at the rear of the building. Recent updates made to the mechanical room. This property comes with a commendable cap rate exceeding 6% which makes this investment opportunity stand out in the market.Don't overlook the potential of owning this building. Seize the opportunity before it's gone!
Location
Province ON
County Niagara
Community 450 - E. Chester
Area Niagara
Zoning R3
Region 450 - E. Chester
City Region 450 - E. Chester
Rooms
Kitchen 0
Interior
Interior Features None
Cooling None
Inclusions Other
Laundry Coin Operated
Exterior
Garage Spaces 8.0
Pool None
Utilities Available Unknown
Roof Type Flat
Total Parking Spaces 8
Building
Lot Description Irregular Lot
Foundation Other
New Construction false
Others
Senior Community No
Security Features Unknown
Listed by SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE