Welcome to a prime investment opportunity in the heart of St Catharines, Ontario, located in the desirable Glenridge community known for its strong rental demand and stable property values. This centrally-located property features five well-maintained apartment units, each separately metered and fully turn-key. All units currently tenanted with nearly all rents up-to-date, this property promises an immediate and steady income. Proximity to Brock University makes this property particularly attractive for students, faculty, and staff. Tenants will appreciate easy access to shopping, nature trails, and other local amenities such as the nearby Meridian Centre and St Catharine's Golf & Country Club, in addition to central transit and four local bus routes. Additionally, quick access to major highways ensures easy travel throughout the region. Seller Does Not Warrant Retrofit Status of Apt. (id:61015)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | X10407035 |
Property Type | Multi-family |
Amenities Near By | Highway |
Features | Conservation/green Belt |
Parking Space Total | 5 |
Cooling Type | Fully Air Conditioned |
Heating Type | Radiant Heat |
Size Interior | 7,341 Ft2 |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Highway |
Size Depth | 141 Ft |
Size Frontage | 50 Ft |
Size Irregular | 50 X 141 Ft |
Size Total Text | 50 X 141 Ft |
Zoning Description | R3 |
https://www.realtor.ca/real-estate/27616255/2-south-drive-st-catharines
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