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.
Details
X12786104
2
$593,000
Tenant
None
3 + 3
1 Storey/Apt
4
3
1500-2000 Sqft
N/A N/A
N/A
Duplex
Sale
Additional details
Radiant / Gas
$3744
2025
PT LT 404 CP PL 6 GRANTHAM AS IN RO683721; ST. CATHARINES
N/A
N
None
1
None
Municipal
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FAQ
What is the total square footage of the X12786104 - 369 Glendale Avenue, St. Catharines, ON L2T 1B9?
The total square footage of this property is 1500-2000 SqFt.
What schools near to X12786104 - 369 Glendale Avenue, St. Catharines, ON L2T 1B9?