Size
632 sqm
Lot size
381.74 sqm
Possession
NA
Age of building
-
Area
Price/sqm
$3,117
Style
NA
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 installed this year
months old owned. Eavestroughs 1 year. Bursting with potential!!
Broker: KELLER WILLIAMS COMPLETE NIAGARA REALTY
MLS®#: 40358251
Property details
Heating type:
Baseboard,
Parking type:
NA
Property type:
Multiplex
Parking:
4
Size:
632 sqm
Lot front:
10.97 M
Lot depth:
34.75 M
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