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.
MLS # | X12135223 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 67 |
Listing Provided By | KELLER WILLIAMS CO-ELEVATION REALTY | JUAN JOSE GUTIERREZ PINEDA |
SQ Feet | 31,409 |
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Acreage | 0.72 |
Heating Yes / No | Yes |
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Cooling Yes / No | No |
Cooling | No |
Property | 45363 |
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Province | ON |
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Region | Niagara |
City | St. Catharines |
Postal Code | L2P 2Y2 |
Area | 455 Secord Woods |