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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision 456 - Oakdale
MLS® Listing ID X12996896
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by EXP REALTY
Nearby Locations
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