Address
33 LOCK Street St. Catharines, ON
Price
$ 2,499,000
Property Attributes
  • ID#40118340
  • TypeMulti-Family
  • CountyNIAGARA ASSOCIATION OF REALTORS
  • CitySt. Catharines
  • Neighborhood438 - Port Dalhousie
  • ZipL2N 5B8
  • Style
  • Price$ 2,499,000
  • Bedrooms12
  • Bathrooms8
  • Half Bathrooms0
Listing Provided Courtesy Of:
RE/MAX NIAGARA REALTY LTD.BROKERAGE
Data Source:
Canadian Real Estate Association
Property Description

Location, location, location! Prime re-development site in the heart of Old Port Dalhousie with income. Fabulous multi unit building located just steps Lake Ontario and Lakeside Park Beach. An ideal location in the Port Dalhousie core, close to restaurants, shopping, transportation and fun-in-the-sun activities. Situated between several new residential developments and redevelopments where prices over the $1M mark per unit are the norm. This site has huge potential for redevelopment in the near future. Buyers need to verify any re-development plans with the City of St. Catharines. The existing building boasts four 2-bedroom and four 1-bedroom units. There are separate meters for all of the units and tenants pay their own hydro. The building has had new windows throughout in 2016, a new roof in 2019, along with new soffits & eaves in 2020 for a totally maintenance free exterior. The building has all electric heating system and tenants pay for their own heat. There is also coin laundry for additional income. There is enough room for 8 cars to park for tenant parking or additional rentals on site. All of the units have separate entrances and 3 units have private balconies. This building is an ideal investment with plenty of room to increase rents to the new market level. Due to Covid, apartment interior showings will only be available with an accepted conditional offer. Inside pictures of most apartments are available by email upon request. (id:7434)

General Features

Ammenities Beach, Hospital, Park, Public Transit, Shopping
Building Cooling Type None
Community Features School Bus
Features Corner Site, Park/reserve, Beach, Laundry- Coin operated
Foundation Type Stone
Location Description Lock and Main Sts.
More Information Link https://www.realtor.ca/real-estate/23241253/33-lock-street-st-catharines
Property Type Multi-family
Zoning Description Multires

Interior Features

Basement Development Partially finished
Basement Type Partial (Partially finished)
Building Fireplace Present False
Building Heating Fuel Electric
Building Heating Type Baseboard heaters

Exterior Features

Exterior Finish Aluminum siding
Land Amenities Beach, Hospital, Park, Public Transit, Shopping
Sewer Municipal sewage system

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L2N 5B8

Price
AVG $2.5M
$2.5M
Visits
AVG 17
22
Walkscore
AVG 33
33
Data Provided by Walkscore ® not using MLS data