LOADING

369 Glendale Avenue St. Catharines, Ontario L2T 1B9

4 Bedroom 3 Bathroom 1500 - 2000 sqft
Fireplace None Radiant Heat

$593,000

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. (id:61852)

Property Details

MLS® Number X12786104
Property Type Multi-family
Community Name 455 - Secord Woods
Features Lane
ParkingSpaceTotal 6

Building

BathroomTotal 3
BedroomsAboveGround 4
BedroomsTotal 4
Appliances Stove, Refrigerator
BasementType None
CoolingType None
ExteriorFinish Aluminum Siding, Concrete Block
FireplacePresent Yes
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Radiant Heat
SizeInterior 1500 - 2000 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 88 Ft ,2 In
SizeFrontage 81 Ft ,1 In
SizeIrregular 81.1 X 88.2 Ft
SizeTotalText 81.1 X 88.2 Ft

https://www.realtor.ca/real-estate/29357990/369-glendale-avenue-st-catharines-secord-woods-455-secord-woods

Interested?

Contact us for more information


Generating Captcha

Andrew Odoardi
Salesperson


Exp Realty
7- 871 Victoria St N Unit 355a
Kitchener, Ontario N2B 3S4

Sestino Kazimierz Christian Vinelli
Salesperson


Exp Realty
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8

Your Favourites

 

No Favourites Found