$1,900,000 FOR SALE

Investment

Lot: 50 x 141 ftTotal Area: 7,341 ft2
2024 Taxes: $3,080

2 South Dr
St. Catharines, ON L2R 4T8 | Niagara

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. With 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.

Extras
Five surface parking spots available for tenants, along with a large backyard providing additional outdoor space. The property also features coin-operated laundry facilities and dry storage in the basement.

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Listed By RIGHT AT HOME REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8455136
Last Updated Jun 18, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
PIN 463360047
Occupancy Tenant
Possession Date TBA
Taxes (2024) $3,080
Tax Type Annual
Directions/Cross Streets Westchester/South Drive
Area Niagara
Price History
Interested in obtaining the full price history for this property?
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Detailed Information
Freestanding Y
Lot 50 x 141 ft
Total Area 7,341 ft2
Approximate Age 51-99
Air Conditioning Y
Basement Y
Garage Type None
Heat Type Radiant
Area Influences Grnbelt/Conserv, Major Highway
Utilities A
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning R3
Seller Property Info Statement N

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