2 South Drive, St. Catharines, ON L2R 4T8

  • $1,750,000
2 South Drive, St. Catharines, ON L2R 4T8
Active For Sale
2 South Drive, St. Catharines, ON L2R 4T8
2 South Drive, St. Catharines, ON L2R 4T8
  • $1,750,000

Overview

Property ID: HZX10407035
  • Investment, Commercial
  • Property Type
  • 7341
  • Sqft

Description

Welcome to a prime investment opportunity in the heart of St Catharines, Ontario, located in the desirable Glenridge community known for its strong rental demand and stable property values. This centrally-located property features five well-maintained apartment units, each separately metered and fully turn-key. All units currently tenanted with nearly all rents up-to-date, this property promises an immediate and steady income. Proximity to Brock University makes this property particularly attractive for students, faculty, and staff. Tenants will appreciate easy access to shopping, nature trails, and other local amenities such as the nearby Meridian Centre and St Catharine’s Golf & Country Club, in addition to central transit and four local bus routes. Additionally, quick access to major highways ensures easy travel throughout the region. Seller Does Not Warrant Retrofit Status of Apt.

  • Address 2 South Drive
  • City St. Catharines
  • State/county ON
  • Zip/Postal Code L2R 4T8

Details

Updated on November 5, 2024 at 12:15 am
  • Property ID: HZX10407035
  • Price: $1,750,000
  • Property Size: 7341 Sqft
  • Garage Size: x x
  • Property Type: Investment, Commercial
  • Property Status: Active, For Sale

Additional details

  • Utilities: Available
  • Cooling: Yes
  • County: Niagara
  • Property Type: Commercial Sale
  • Community Features: Greenbelt/Conservation,Major Highway

Mortgage Calculator

$5,627,582.04
Monthly
  • Down Payment $262,500.00
  • Loan Amount $1,487,500.00
  • Monthly Mortgage Payment $12,665.37
  • Property Tax $4,375,000.00
  • Home Insurance $83.33
  • PMI $1,239,583.33
  • Monthly HOA Fees $250.00
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