$1,200,000
( )
 $6,442 est/mo Sourced by Back At You

387 St. Paul St , St. Catharines, ON L2R 3N1

St. Catharines, ON L2R 3N1

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Description

6.5 Cap! Invest in the heart of downtown St. Catharines with this exceptional mixed-use building located on the bustling main road of the downtown core. Featuring two well-maintained commercial storefront units with excellent tenants, and nine consistently occupied residential units designed for comfortable urban living, this property offers an excellent blend of retail and residential income. With parking space for four cars at the back of the building, a rare and valuable feature in the downtown area, this property boasts great cash flow (6.5 Cap) and stability, making it an attractive investment opportunity. The prime downtown location ensures high visibility, strong tenant history, and promises better-than-average growth and appreciation for years to come. Don't miss out on this unique opportunity to own a versatile and profitable property in the vibrant downtown core of St. Catharines.

Details

MLS#X9032252
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site14
Listing Provided ByRE/MAX ESCARPMENT GOLFI REALTY INC. | Not Provided

Features

Bath(s)5
BasementY
ZoningC6
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 1 hour ago
ProvinceON
CountySt. Catharines
CitySt. Catharines
Postal CodeL2R 3N1
AreaNiagara
Listing VS Median (in L2R 3N1)
Price:
$1,200,000
low | high
Med:
$0
On Site:
14
low | high
Med:
Sourced by Back At You
Listing Updated: July 12, 2024 at 5:29:29 PM PDT