Key Facts
- MLS® #: X12786104
- Property ID: SIRC3110769
- Property Type: Residential, Duplex
- Lot Size: 7,149.78 sq.ft.
- Bedrooms: 4
- Bathrooms: 3
- Parking Spaces: 6
- Listed By:
- EXP REALTY
Property Description
This well-maintained low-rise residential building offers a strong unit mix of one- and two-bedroom suites, all operated on an all-inclusive basis. The property has seen targeted capital improvements over time, including electrical service upgrades, select exterior improvements, and enhancements to the lower-level heating system, supporting efficient and reliable operations.Offered at under $200,000 per unit, the asset represents an attractive near-7% capitalization rate, providing immediate cash flow with limited management complexity. Situated on a large lot along a busy, high-visibility corridor in a core, near-downtown location, the property also benefits from future upside potential, including the possibility of an ADU addition or longer-term redevelopment, subject to municipal approvals.The vendor is motivated and has identified preferred walkthrough and offering timelines. Please contact your agent for further details.
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Location
369 Glendale Ave, St. Catharines, Ontario, L2T 1B9 Canada
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