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78 Geneva St

Geneva St, Queenston, St. Catharines, ON, L2R 4M9

8
Beds
5
Baths
$899,888
List Price
Details
Photos
21
Comparables
History
78 Geneva St, St. Catharines, ON - 1 of 3
78 Geneva St, St. Catharines, ON - 2 of 3
78 Geneva St, St. Catharines, ON - 3 of 3
59 days on market

Quick Summary

  • Exceptional investment property
  • Lucrative 7% cap rate
  • 4/5 vacant residential units
  • Thriving laundromat business
  • Potential to add 6th unit
  • Updated boiler systems
  • Approved permits
  • Neighboring redevelopment plans

7% cap rate! Welcome to your next investment venture in the heart of St. Catharines! This exceptional property presents a lucrative opportunity for savvy investors. Boasting 4/5 vacant residential units - including two spacious one-bedroom units and three versatile bachelor suites - and a thriving laundromat business on the main floor,... Show More

7% cap rate! Welcome to your next investment venture in the heart of St. Catharines! This exceptional property presents a lucrative opportunity for savvy investors. Boasting 4/5 vacant residential units - including two spacious one-bedroom units and three versatile bachelor suites - and a thriving laundromat business on the main floor, equipped with 8 washer and 4 double stack dryer units, this property is primed for immediate income generation. Plus, with the potential to add a sixth unit in the basement, the possibilities for maximizing returns are endless. Updated boiler systems, approved permits, and a detached structure with neighbouring properties undergoing redevelopment plans further elevate its value. Data room available in brochure link (id:54626)

Property Details

Size

Sq. Ft. Not Available
across 2 floors
8 Beds
7 Above Grade - 1 Below Grade
5 Baths
5 Full

Parking

8 Parking Spaces
-

Lot

Size
397′0″ * 1202′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Partially finished
Exterior
Brick, Stone
Foundation
-
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Source

Listing Brokerage

MLS® Listing
X9233128
Last Updated
September 19, 2024
Brokerage
RE/MAX GOLD REALTY INC.
Powered by: REALTOR.ca
Call us 800-591-0566

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