Size
-
Lot size
381.74 sqm
Street frontage
E
Possession
-
Price per sqm
$3,323
Taxes
$8,291 (2021)
Parking Type
-
Style
-
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Description
8 unit apartment building for sale in one of Niagara's most desirable locations. Enjoy this high end area, surrounded by multimillion dollar homes and views of the world famous Henley Regatta. 5 x 2 beds. 2 bachelors, 1 commercial. 5 minute walk to bustling and growing Port Dalhousie beach. Potential to double some 2 bedroom rents. 2 units vacant. Listed approximately at 4 cap on Current income and 5.5-6 cap on turnover rents.
Condos similar in size selling for 800K plus in this area. Building is 50% renovated and has potential on turnover or build up to 14 meters for full lake views. Needs roof soon, Instant hot water tank 5 months old owned. Eavestroughs 1 year. no VTB available.
Bursting with potential!!
Broker: KELLER WILLIAMS COMPLETE NIAGARA REALTY
MLS®#: 40282276
Property details
Parking:
4
Parking type:
-
Property type:
-
Heating type:
Baseboard,
Style:
-
MLS Size:
632 sqm
Lot front:
10.97 M
Lot depth:
34.75 M
Listed on:
Jun 20, 2022
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