2 South Drive St. Catharines, Ontario L2R 4T8

7341 sqft
Fully Air Conditioned Radiant Heat

$1,750,000

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:47351)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X10407035
Property Type Multi-family
AmenitiesNearBy Highway
Features Conservation/green Belt
ParkingSpaceTotal 5

Building

CoolingType Fully Air Conditioned
HeatingType Radiant Heat
SizeInterior 7341 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway
SizeDepth 141 Ft
SizeFrontage 50 Ft
SizeIrregular 50 X 141 Ft
SizeTotalText 50 X 141 Ft
ZoningDescription R3

https://www.realtor.ca/real-estate/27616255/2-south-drive-st-catharines