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Port Dalhousie,ON L2N 4T8
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 6,800 sqft
Price per Sqft $255
MLS Listing ID 40563751
Abv Grd Liv Area 6,800
Originating Board Niagara
Annual Tax Amount $9,092
Property Description
6 cap!! Steps from the beach! Cashflow AND long-term upside potential with this 8 unit apartment building. Some balconies offering water views of the Royal Canadian Henley Regatta. Situated in one of Niagara's most desirable neighborhoods, surrounded by multi-million dollar homes, and just a 5-minute walk to the active Port Dalhousie beach front, where there are volleyball tournaments, boat marina, vendors, concerts, and active night life. With water on 3 sides of this neighborhood, your long-term value will always appreciate. Additionally, benefit from the new instant hot water system installed in 2022. This is the main street which directs traffic to and from the QEW - great for your commercial tenant. Acquire this asset with built-in equity today. Small VTB available at list price. Opportunity to get most funds out through CMHC select loan program. Time to step up. Portfolio defining asset with room for growth and near future value over $2m!! Don't miss this!
Location
Province ON
County Niagara
Area St. Catharines
Zoning C1
Direction Exit Seventh Street, at both roundabouts, stay on Seventh Street, turn right onto Lakeshore Rd which turns into Main.
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Appliance Hot Water Tank Owned
Exterior
Waterfront No
Lot Frontage 36.0
Lot Depth 115.0
Garage No
Building
Lot Description City Lot,High Traffic Area,Highway Access,Marina,Public Transit,Schools,Visual Exposure
Faces Exit Seventh Street, at both roundabouts, stay on Seventh Street, turn right onto Lakeshore Rd which turns into Main.
Story 2
Foundation Concrete Block,Post & Pad
Sewer Sewer (Municipal)
Water Municipal
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 461880967
Ownership Freehold/None