26 GALE CRES

St. Catharines,ON L2R 3K9

$ 2099000

0 Bed

0 Bath

10107 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active Under Contract

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

Zoning R3

Rooms

Basement Finished,Full

Kitchen 0

Interior

Interior Features None

Cooling None

Inclusions Other

Laundry Coin Operated

Exterior

Garage Other

Garage Spaces 8.0

Pool None

Utilities Available Unknown

Roof Type Flat

Parking Type Detached

Total Parking Spaces 8

Building

Lot Description Irregular Lot

Foundation Other

Others

Senior Community No

Security Features Unknown

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