Ottawa Realtor Michele Xu

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41 HARTZEL ROAD

St. Catharines (Oakdale), Ontario L2P1M6

$1,300,000 for sale

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MLS®:
X12996896
Contract Days:
5
Community:
Ownership:
Property Type:
M1 Multi-Family
Total Size:
Bldg=121.79 x 76.69 FT
Built Date:
Parking:
Bedrooms:
+
Bathrooms:
Interior Features
Construction Style:
Total Stories:
Total Bedrooms:
Bedrooms Above Ground:
Bedrooms Below Ground:
Total Bathrooms:
Whole Bathrooms:
0
Half Bathrooms:
Basement Type:
Basement Development:
Appliances:
Exterior Features
Built Date:
Exterior Finish:
Foundation Type:
Utitilies
Heating Type:
Forced air
Heating Fuel:
Natural gas
Cooling Type:
None
Utility Water:
Municipal water
Sewer:
Total Fireplaces:
Type
Level
Size

Note

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. (id:19004)

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