369 Glendale Avenue St. Catharines, Ontario L2T 1B9

4 Bedroom 3 Bathroom 1,500 - 2,000 ft2
Fireplace None Radiant Heat

$593,000

This well-maintained low-rise residential building offers a strong unit mix of one- and two-bedroom suites, all operated on an all-inclusive basis. The property has seen targeted capital improvements over time, including electrical service upgrades, select exterior improvements, and enhancements to the lower-level heating system, supporting efficient and reliable operations.Offered at under $200,000 per unit, the asset represents an attractive near-7% capitalization rate, providing immediate cash flow with limited management complexity. Situated on a large lot along a busy, high-visibility corridor in a core, near-downtown location, the property also benefits from future upside potential, including the possibility of an ADU addition or longer-term redevelopment, subject to municipal approvals.The vendor is motivated and has identified preferred walkthrough and offering timelines. Please contact your agent for further details. (id:49203)

Property Details

MLS® Number X12786104
Property Type Multi-family
Community Name 455 - Secord Woods
Features Lane
Parking Space Total 6

Building

Bathroom Total 3
Bedrooms Above Ground 4
Bedrooms Total 4
Appliances Stove, Refrigerator
Basement Type None
Cooling Type None
Exterior Finish Aluminum Siding, Concrete Block
Fireplace Present Yes
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Radiant Heat
Size Interior 1,500 - 2,000 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 88 Ft ,2 In
Size Frontage 81 Ft ,1 In
Size Irregular 81.1 X 88.2 Ft
Size Total Text 81.1 X 88.2 Ft

https://www.realtor.ca/real-estate/29357990/369-glendale-avenue-st-catharines-secord-woods-455-secord-woods

Contact Us

Contact us for more information

Generating Captcha

Andrew Odoardi
Salesperson

(866) 530-7737
www.theshellbrookteam.com/
www.facebook.com/andrew.odoardi.3/
www.linkedin.com/in/andrew-odoardi-659411212/

Exp Realty
7- 871 Victoria St N Unit 355a
Kitchener, Ontario N2B 3S4

(866) 530-7737
(647) 849-3180

Sestino Kazimierz Christian Vinelli
Salesperson

(866) 530-7737

Exp Realty
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8

(866) 530-7737

Dekker Team
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.