- None
- Forced Air
$1,300,000
Outstanding opportunity to acquire a solid 8-unit multifamily asset in a prime St. Catharines location, offered at a strong 5.6% cap rate with approximately $1,080,000 in assumable financing at 4.5% through March 2029. Many suites feature modern shaker kitchens, quartz counters, stainless steel appliances, updated baths, and LVP flooring, allowing investors to step directly into immediate cash flow with minimal near-term capital requirements. Tenants pay hydro individually, reducing landlord utility exposure, while remaining rental upside through natural turnover provides an excellent path to future NOI growth. A rare blend of turnkey stability, favourable debt, and long-term upside. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:50982)
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Details
| MLS® Number | X12996896 |
| Property Type | Multi-family |
| Neigbourhood | Merritton |
| Community Name | 456 - Oakdale |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 76 Ft ,8 In |
| Size Frontage | 121 Ft ,9 In |
| Size Irregular | Bldg=121.79 X 76.69 Ft |
| Size Total Text | Bldg=121.79 X 76.69 Ft |
| Zoning Description | M1 |
Map
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April 24 2026 05:39:52
Ottawa Real Estate Board
Exp Realty