426 Queenston Street, St. Catharines, ON L2P 2Y2

St. Catharines L2P 2Y2 Ontario

MLS: X12135223

$4,800,000

Added 22 days ago | For Sale

Listed by: KELLER WILLIAMS CO-ELEVATION REALTY

About Property

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.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 100 X 218
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Queenston And Bunting
  • Basement: ,
  • Possession Date:Immediate
  • Annual Property taxes: $45363
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Baseboard
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12135223

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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