426 Queenston Street St. Catharines (Secord Woods), Ontario L2P 2Y2
$4,800,000
Prime Multifamily Investment Opportunity 426 Queenston Street, St. Catharines - Introducing a well-maintained 20-unit multifamily building ideally located in the heart of St. Catharines. This property offers a balanced mix of fully renovated units and well-maintained legacy suites, providing both immediate income and significant value-add potential for the savvy investor. Key capital improvements include: New windows and sliding doors throughout the building, New roof (2015) and asphalt driveway (2017), High-efficiency commercial boiler and hot water tank (2017). Repainted balcony railings (completed 34 years ago). Updated common areas and hallways. Additional income streams include: Coin-operated laundry facilities, Rented storage lockers, with stable existing rents, modern upgrades already completed, and room for further unit renovations or rent optimization, 426 Queenston Street is a strong performer with excellent upside potential in a growing market. (id:49187)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X12135223 |
| Property Type | Multi-family |
| Community Name | 455 - Secord Woods |
Building
| Heating Type | Baseboard Heaters |
| Size Interior | 31409 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 218 Ft |
| Size Frontage | 100 Ft |
| Size Irregular | 100 X 218 Ft |
| Size Total Text | 100 X 218 Ft |
| Zoning Description | R3 |
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May 08 2025 09:58:31
Toronto Real Estate Board
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