249-253 Church Street St. Catharines, Ontario L2R 3E8

2 Bedroom 4,369 ft2
Fully Air Conditioned Forced Air

$799,000

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:61594)

Property Details

MLS® Number X12475056
Property Type Multi-family
Community Name 450 - E. Chester
Amenities Near By Highway, Recreation

Building

Bedrooms Total 2
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 4,369 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Recreation
Size Depth 64 Ft
Size Frontage 54 Ft ,1 In
Size Irregular 54.1 X 64 Ft
Size Total Text 54.1 X 64 Ft
Zoning Description M1

https://www.realtor.ca/real-estate/29017175/249-253-church-street-st-catharines-e-chester-450-e-chester

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