Prime mixed-use investment opportunity in the heart of downtown St. Catharines. The property features 2 ground-floor commercial units with excellent street exposure and 13 residential apartments above. Well maintained and income-producing, the building offers stable cash flow with upside potential through rental growth and future appreciation. Located along St. Catharines' main commercial corridor, directly across from the FirstOntario Performing Arts Centre, and surrounded by restaurants, cafés, shops, and new residential developments. Steps to the Meridian Centre, Brock University's downtown campus, transit, and public parking. Offered at just over a 6% cap rate, this is a turn-key investment in one of Niagara's most active and rapidly growing downtown markets. (id:61594)
| MLS® Number | X12484265 |
| Property Type | Multi-family |
| Community Name | 451 - Downtown |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air, Other |
| Size Interior | 11,155 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 90 Ft ,6 In |
| Size Frontage | 59 Ft |
| Size Irregular | 59 X 90.5 Ft |
| Size Total Text | 59 X 90.5 Ft |
| Zoning Description | C6 |
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