$1,150,000 FOR SALE

Investment

Lot: 33 x 140 ftTotal Area: 4,055 ft2
2024 Taxes: $4,441.16

237 Church St
St. Catharines, ON L2R 3E8 | Niagara

***Total Gross Annual Income: $111,480*** TURNKEY INVESTMENT PROPERTY OPPORTUNITY!!! Fabulous Mixed-Use Commercial Property near vibrant Downtown core of St. Catharines has 6 RESIDENTIAL APTS & 1 RETAIL STOREFRONT! This building has been fully renovated & upgraded in so many ways - BRAND NEW Electrical, Plumbing, Vinyl Flooring, LED Pot Lights, Flat Roof, Exterior Painting, Hot Water Tank/Tankless Heater (owned, NTI Brand, $12,000 value!) and certified FIRE SAFETY PLAN with Exit Signs, Fire Doors & Smoke/CO2 Detectors. *5 Parking spots at Rear included! 3 apts fully reno'd in 2024 & 1 apt reno'd in 2021: Stunning contemporary Kitchens w/ new Stainless Steel appliances & custom tiled Bathrooms (Windows replaced on Units 2 & 6). 3 apts are already tenanted! Main level Retail space is spacious clean 443sqft + includes 688sqft of basement storage & bathroom, and amazing street signage area. Building is Roughed-in for Shared Basement Laundry and wired for 8 Security Cameras on Exterior & Stairwells. (*Note: Some photos have been virtually edited.) High-traffic area has great exposure -- Don't miss out on this incredible opportunity to be the owner of this well-situated property with tons of income potential!

Extras
MIXED USE ZONING (M1) - see Zoning attachment for all the allowable possibilities!!!

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Listed By KELLER WILLIAMS REAL ESTATE ASSOCIATES
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8328428
Last Updated Oct 08, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 6 to 12 Units
Category Apartment
PIN 462630083
Legal Description PT LT 3829 CP PL 2 GRANTHAM PT 1 & 2 30R3069; S/T RO535855; ST. CATHARINES
Occupancy Tenant
Possession Date IMMEDIATE
Taxes (2024) $4,441.16
Tax Type Annual
Assessment (2024) $264,000
Directions/Cross Streets Church St & Frank St
Area Niagara
Price History
Interested in obtaining the full price history for this property?
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Detailed Information
Freestanding Y
Lot 33 x 140 ft
Retail Area 1,131 ft2
Office/Apt Area 2,924 ft2
Total Area 4,055 ft2
Elevator None
Air Conditioning N
Basement Y
Garage Type None
Parking Spaces 5
Heat Type Radiant
Sprinklers N
Utilities Y
Water Municipal
Survey N
Lot/Bldg/Unit Code Lot
Zoning MIXED USE (M1, M3)
Seller Property Info Statement N

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