Mehdi Teimouri
Broker
Right At Home Realty, Brokerage
Independently owned and operated.
1550 16 ave, Richmond Hill , Ontario L4b 3k9
Cell: 647-989-2641Office: 905-695-7888Fax: 905-695-0900
$2,099,000
Available - For Sale
Listing ID: X9413854
26 GALE Cres , St. Catharines, L2R 3K9, Ontario
| 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! |
| Price | $2,099,000 |
| Taxes: | $18848.87 |
| Assessment: | $612000 |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 26 GALE Cres , St. Catharines, L2R 3K9, Ontario |
| Postal Code: | L2R 3K9 |
| Province/State: | Ontario |
| Legal Description: | PT LT 3551 CP PL 2 GRANTHAM AS IN RO8178 |
| Lot Size: | 68.09 x 162.56 (Feet) |
| Directions/Cross Streets: | Geneva Street right to Gale Crescent |
| Building Percentage: | Y |
| Total Area: | 10107.00 |
| Total Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Insurance Expense: | $8374 |
| Heat Expenses: | $1527 |
| Hydro Expense: | $3990 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Est |
| Heat Type: | Radiant |
| Central Air Conditioning: | N |
| Sewers: | Sanitary |
| Water: | Municipal |
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Mehdi Teimouri
Broker
Dir:
647-989-2641
Bus:
905-695-7888
Fax:
905-695-0900
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | St. Catharines |
| Neighbourhood: | 450 - E. Chester |
| Lot Size: | 68.09 x 162.56(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $18,848.87 |
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