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!
MLS# | X9413854 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 149 |
Listing Provided By | SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE | Not Provided |
SQ Feet | 10,107 |
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State | ON |
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County | Niagara |
City | St. Catharines |
Zip Code | L2R 3K9 |
Area | 450 E. Chester |
Listing VS Median (in L2R 3K9) | |
Price: $2,099,000 low | high Med: $2,074,500 SqFt: 10,107 low | high Med: 10,107 $ / SqFt: $208 low | high Med: $205 On Site: 149 low | high Med: 78.500000 |