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48 Main Street St. Catharines

$2,595,000
MLS #40187890
11 units Beds
6,670 sq. ft

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:

 

Phone us!

Jim Broderick

Sales Representative

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