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$2,099,000
Status: For Sale
Step into the practicality and comfort of 26 Gale Crescent, a modest yet well-appointed three-story apartment building. This sturdy structure boasts a commitment to upkeep, evident in its neatly maintained premises. Security is a priority here, with surveillance cameras strategically placed in the interior and exterior of the building. The building contains 12 units, with 8 recently renovated and vacant. Each unit is equipped with its own meter, offering residents the convenience of managing their own utilities independently. Parking is hassle-free, with plenty of space available at the rear of the building. Recent updates made to the mechanical room. This property comes with a commendable cap rate exceeding 6% which makes this investment opportunity stand out in the market.Don't overlook the potential of owning this building. Seize the opportunity before it's gone!
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40647966 |
| Listing Type | :Sale |
| Property Age | :51-99 Years years |
| Possession Date | : |
| Last Updated | :24 Oct, 2024 (12 Days ago) |
| Source | :Niagara |
| Area | :Niagara |
|---|---|
| City | :St. Catharines |
| Area Major | :St. Catharines |
| Area Minor | :450 - E. Chester |
| Postal Code | :
L2R 3K9
|
| Directions | :Geneva Street right to Gale Crescent |
| Price | : $2,099,000 |
|---|---|
| Property Taxes | :$18848.87 |
| Tax Year | :2023 |
|---|
| Bedrooms | :0 + |
|---|---|
| Heating | :Radiator |
| Place of Worship | :No |
| Bathrooms | :0 |
|---|---|
| Approx Square Footage | :10107 sqft |
| Parking Space | :8 |
|---|---|
| Basement | :Other |
| Garage | :2 |
|---|
26 Sep, 2024
TREB #40647966
Active Under Contract
$2099000
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