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:31697)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | X8455136 |
| Property Type | Multi-family |
| AmenitiesNearBy | Highway |
| Features | Conservation/green Belt |
| CoolingType | Fully Air Conditioned |
| HeatingType | Radiant Heat |
| SizeInterior | 7341 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Highway |
| SizeDepth | 141 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 141 Ft |
| SizeTotalText | 50 X 141 Ft |
| ZoningDescription | R3 |
https://www.realtor.ca/real-estate/27061098/2-south-drive-st-catharines
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