426 Queenston Street St. Catharines, Ontario L2P 2Y2
$4,800,000
Prime Multifamily Investment Opportunity 426 Queenston Street, St. Catharines - Introducing a well-maintained 20-unit multifamily building ideally located in the heart of St. Catharines. This property offers a balanced mix of fully renovated units and well-maintained legacy suites, providing both immediate income and significant value-add potential for the savvy investor. Key capital improvements include: New windows and sliding doors throughout the building, New roof (2015) and asphalt driveway (2017), High-efficiency commercial boiler and hot water tank (2017). Repainted balcony railings (completed 34 years ago). Updated common areas and hallways. Additional income streams include: Coin-operated laundry facilities, Rented storage lockers, with stable existing rents, modern upgrades already completed, and room for further unit renovations or rent optimization, 426 Queenston Street is a strong performer with excellent upside potential in a growing market. (id:61852)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X12135223 |
| Property Type | Multi-family |
| Community Name | 455 - Secord Woods |
Building
| HeatingType | Baseboard Heaters |
| SizeInterior | 31409 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 218 Ft |
| SizeFrontage | 100 Ft |
| SizeIrregular | 100 X 218 Ft |
| SizeTotalText | 100 X 218 Ft |
| ZoningDescription | R3 |
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Juan Jose Gutierrez Pineda
Salesperson
2100 Bloor St W #7b
Toronto, Ontario M6S 1M7
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May 08 2025 09:58:31
Toronto Real Estate Board
Keller Williams Co-Elevation Realty
