$ 593,000
-
$593,000
Price -
4
Bed -
3
Bath -
1,500
SqFt
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About the Listing 285417 -
This well-maintained low-rise residential building offers a strong unit mix of one- and two-bedroom suites, all operated on an all-inclusive basis. The property has seen targeted capital improvements over time, including electrical service upgrades, select exterior improvements, and enhancements to the lower-level heating system, supporting efficient and reliable operations.Offered at under $200,000 per unit, the asset represents an attractive near-7% capitalization rate, providing immediate cash flow with limited management complexity. Situated on a large lot along a busy, high-visibility corridor in a core, near-downtown location, the property also benefits from future upside potential, including the possibility of an ADU addition or longer-term redevelopment, subject to municipal approvals.The vendor is motivated and has identified preferred walkthrough and offering timelines. Please contact your agent for further details.
Listing Highlights
Status
Active
Days on Site
17
Property Type
Multi-Family
MLS ®
X12786104
Year Built
Total Square Footage
1,500
Lot/Acreage
N/A
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: 3 Kitchens
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others:
- Sewer: Sewer
- Parking Features: Lane
Financial Details
- Tax Amount: $3,744
- Taxes w/Assessments: N/A
- Tax/Property ID: 463460133
- Tax Year: 2025
Payment Calculator
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Questions About..
369 Glendale Ave St. Catharines, ON L2T 1B9
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