48 Main Street St. Catharines
Property Taxes: $20,994/year (in 2021)
Style: Apartment Building (11 Units)
Heat Fuel: Gas Hot Water
Invest in Port Dalhousie!
Stupendous location in prestigious Port Dalhousie and one of only a handful of apartment buildings in the area.
Across the street from the entrance to the Henley Grandstand and 3 short blocks to downtown Port Dalhousie with its restaurants, shops, the marina and of course the beach.
Some unique history to the property as the building was converted from a rooming house to apartments in the early 1960's after a fire in the 1950's that resulted in what would have been a 3rd floor getting demolished. The layout now is 7 one-bedroom units and 4 two-bedroom units with separate hydro meters. Most of the tenants have called this place home for more than a decade and it wouldn't be a surprise to see many of them stay for a lot longer.
There is on site coin-operated laundry as well as a storage room.
The parking lot was repaved in 2020, roof in 2007, the boiler was just serviced and given a clean bill of health in October and a Fire inspection was conducted Nov 2021.
Please contact listing agent Jim Broderick for Financials, rent roll, fire inspection letter or any other inquiries.
Check out the YouTube video here: