Coldwell Banker Momentum Realty Brokerage
Your Niagara Region Ultimate Service Real Estate Brokerage

64 Queenston Downtown (St. Catharines, Ontario, CA - L2R 2Z2) Built

$219,000

Coldwell Banker Momentum Realty Brokerage

Stacey Pollard Stacey Pollard 905-935-8001 (Office) 905-401-1710 (Cell) Request More Info

  • Type: Multifamily
  • Style: 2 Storey
  • Bedrooms: 4
  • Size: 1,200 sq. ft.
  • Development Level: Built
  • Lot Type: Rectangular
  • Lot Size: 35ft x 87ft
  • Taxes: $1,397.00 (2017)
  • MLS ® #: 30650631

Description

Don't miss this investment opportunity! Selling at a 7% cap rate. Turn key duplex located close to highway access and shopping, parks, schools & restaurants. This is the perfect time to get in before this area gets its long-awaited, recently promised face-lift!! With a wave of both public & private money flowing into the Queenston/Downtown area this land is going to be a goldmine in the near future!! Lots of city-sponsored improvements coming to the area such as new sidewalks, sewers, streets & and overall beautification of the area and most importantly the development of the old Hospital site with residential condos. Main floor 2 bedroom currently rented at $1000/inclusive and upper 2 bedroom at $800. Recent updates include new high efficiency furnace and water heater (November 2017). The BEST thing about this property is that it will carry itself and then some immediately while you wait for your future development. This land is zoned under the ever-valuable C2 commercial designation so your options are wide open! Vendor is willing to assist with financing. Contact Stacey to schedule a private showing!

Attachments

P2#276016826
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