237 Church Street St. Catharines, Ontario L2R 3E8

4055 sqft
Radiant Heat

$1,150,000

***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!!! (id:47351)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X8328428
Property Type Multi-family
ParkingSpaceTotal 5

Building

Appliances Blinds, Refrigerator, Stove, Window Coverings
HeatingType Radiant Heat
SizeInterior 4055 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 140 Ft
SizeFrontage 33 Ft
SizeIrregular 33 X 140 Ft
SizeTotalText 33 X 140 Ft
ZoningDescription Mixed Use (m1, M3)

https://www.realtor.ca/real-estate/26879937/237-church-street-st-catharines