26 Gale Crescent St. Catharines (450 - E. Chester), Ontario L2R 3K9

10107 sqft
Radiant Heat

$2,099,000

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! (id:47351)

Property Details

MLS® Number X9413854
Property Type Business
Community Name 450 - E. Chester
Features Laundry- Coin Operated
ParkingSpaceTotal 8

Building

BasementDevelopment Finished
BasementType Full (finished)
ExteriorFinish Concrete, Brick
HeatingType Radiant Heat
SizeInterior 10107 Sqft
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 162 Ft ,6 In
SizeFrontage 68 Ft ,1 In
SizeIrregular Unit=68.09 X 162.56 Ft ; See Geowarehouse
SizeTotalText Unit=68.09 X 162.56 Ft ; See Geowarehouse|under 1/2 Acre
ZoningDescription R3

https://www.realtor.ca/real-estate/27430958/26-gale-crescent-st-catharines-450-e-chester-450-e-chester