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$1,500,000
Available - For Sale
Listing ID: X11934669
Great first time investor building in prime downtown St. Catharines. House form wood frame building substantially updated inside and out. Windows, roof, exterior, common areas all updated. 5 of the 7 suites have been gutted to the studs and totally renovated to condo quality including heat pump mini spits, stone countertops and new appliances. Tenants pay hydro. Over $30,000 upside in rents. Future gas savings $6,600 per year with removal of global boiler in the basement. **EXTRAS** Potential to put storage lockers in the basement for additional income. Low maintenace and easy to manage asset. Driveway parking 3 tandem cars. Bus at door and steps to downtown.
Price $1,500,000
Taxes: $10,955
Tax Type: Annual
Occupancy by: Tenant
Address: 200 King Stre , St. Catharines, L2R 3J7, Niagara
Postal Code: L2R 3J7
Province/State: Niagara
Legal Description: Lt 332, Pt/L 333, CP Plan 2 Grantham as
Lot Size: 46 x 88.35 (Feet)
Directions/Cross Streets: King St and Court St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: .1
Total Area Code:  Acres
Area Influences: Public Transit  
Financial Statement: F
Maintenance: 0
Net Income Before Debt: $80000
Year Expenses: 2024
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Other
Central Air Conditioning: Partial
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COMMERCIAL FOCUS REALTY INC.

200 King Stre , St. Catharines, L2R 3J7, Niagara


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: St. Catharines
Neighbourhood: 451 - Downtown
Style:
Lot Size: 46.00 x 88.35(Feet)
Approximate Age:
Tax: $10,955
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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Rate: %
Amortization:  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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