REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,300,000
Est. payment | /mo
$ 1,300,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision 456 - Oakdale
MLS Listing ID X12996896
Annual Tax Amount $20,120
Tax Year 2025
Property Sub-Type Investment
Property Description
Outstanding opportunity to acquire a solid 8-unit multifamily asset in a prime St. Catharines location, offered at a strong 5.6% cap rate with approximately $1,080,000 in assumable financing at 4.5% through March 2029. Many suites feature modern shaker kitchens, quartz counters, stainless steel appliances, updated baths, and LVP flooring, allowing investors to step directly into immediate cash flow with minimal near-term capital requirements. Tenants pay hydro individually, reducing landlord utility exposure, while remaining rental upside through natural turnover provides an excellent path to future NOI growth. A rare blend of turnkey stability, favourable debt, and long-term upside. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer.
Location
Province ON
County Niagara
Area Niagara
Zoning M1
Interior
Cooling No
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Building
Lited by EXP REALTY
Nearby Locations