426 Queenston Street, St. Catharines, ON L2P 2Y2 – St. Catharines – $4,299,000

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Description

Located in the core of St. Catharine’s, this 20-unit residential building presents an excellent opportunity for investors seeking both reliable income and growth potential. The property includes a combination of units that have been recently renovated and some need upgrades Notable recent improvements include updated windows and sliding doors throughout the property, a new roof installed in 2015, an asphalt driveway replaced in 2017, and a high-efficiency boiler system plus hot water tank added in 2017. And most of the units have Balconies. There is laundry facility in the building plus there is lockers generating $$$. There is potential to increase rents through further renovation and unit upgrades. With a solid foundation and opportunities for growth, this property is well-positioned for investors looking to capitalize on a thriving market with upside potential.

Property Details

• Property Type: Commercial
• List Price: $4,299,000
• Tax Year: 2025
• Annual Taxes: $47,978