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Elizabeth Pullman

[email protected] +1(905) 329-0460

Listed by David Belanger • KELLER WILLIAMS COMPLETE REALTY

$ 1,736,000

Est. payment -/mo

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Active

51 Main Street Port Dalhousie, ON L2N 4T8

6,800 SqFt

UPDATED:

09/26/2024 04:02 PM

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

Elizabeth Pullman

Advisor | License ID: 4780123

+1(905) 329-0460

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