$ 2,099,000
26 GALE CRES St. Catharines, ON L2R 3K9
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,099,000
Est. payment /mo
Active Under Contract
26 GALE CRES St. Catharines, ON L2R 3K9
10,107 SqFt
UPDATED:
11/07/2024 04:50 PM
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
State 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
Listed by SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE