249253 Church St. offers a strong investment opportunity in central St. Catharines with a mix of residential and commercial income. The property includes four 2-bedroom apartments and a main floor commercial space previously used as a salon/barbershop. Each apartment has its own furnace, HVAC system, and hydro meter, plus theres a coin laundry at the rear for tenant use.Gross monthly income is $5,729 ($68,748 annually - commercial unit currently vacant).The property is ideally located in a downtown area experiencing major growth, with over $200 million invested in recent years and the redevelopment of the former 11-acre hospital site into new residential projects. This neighbourhood is next in line for significant transformation, making this a prime time to invest. (id:52316)
ROCK STAR REAL ESTATE INC.
$799,000
249-253 CHURCH STREET, St. Catharines, Ontario
2 Bedrooms
Property
MLS® Number: X12475056
Address: 249-253 CHURCH STREET
City: St. Catharines
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
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Property Sale History
Travel and Neighbourhood
89/100Walk Score®
Very Walkable
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Location
