109 Lake Street, St. Catharines | Image 1

109 Lake Street

St. Catharines

  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: M1

  • Age: No Data

  • Taxes: 5469.65

  • MLS®#: X5478878

  • Added: Jan 23, 2022 (9 hours ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: EXP REALTY, BROKERAGE

Investors!! Maintenance-Free Solid 4 Plex-Fully Renovated * 1 Commercial Storefront * 1 X 2 Bedroom Unit & 2X 1 Bdrm Units * Gross Annual Income $67,800,Amazing Cash Flow Downtown Area * New Vinyl Waterproof Flooring * All S/Steel Appliances With Extended 3 Years Warranty All New Kitchen Cabinets* High End Backsplash Tiles* New Vanities, Faucets, Sinks & Lights * New Hydro Panels * Roof Shingles 2021 * 3 Hydro Meters * New Tankless Water Heater* New Boiler *

Extras

New Coin Laundry (2020) For Extra Income *All Units Newly Painted * Spacious Units Just Sit And Collect Rent. Tankless Water Heater (2020) * 2 Nos 24 Hrs Free Street Parking Available In Front Of Property *

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 5241920

  • Area: St. Catharines

  • Availability Date: Tba

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Water Radiators

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

  • Amps: 300

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2021

  • Tax Legal Description: Lt 5 Cy Pl 47 Grantham; Pt Lt 4 Cy Pl 47 Grantham

  • Taxes: $5,470

  • Expenses: Act

  • Insurance Fee: 2182

  • Hydro Expense: 3590

  • Heat Expenses: 2032

  • Taxes Type: Annual

  • Taxes: 5470

  • Tax Year: 2021

  • Water Fees: 1320

Land

  • Cross Street: Welland Ave/Lake St

  • Municipality District: St. Catharines

  • Parcel Number: 462150569

  • Sewer: San+Storm Avail

  • Lot Frontage: 60.01 Acres

  • Zoning: M1

Commercial Specific

  • Retail Area: 800

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 3400

  • Total Area Metric: Sq Ft

  • Office Size: 2600

  • Office Size Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Financial Statement: Y

  • Gross Income/Sales: 67200

JK-8

St Nicholas Catholic Elementary School

Catholic 0.74 km
JK-8

Edith Cavell Public School

Public 1.91 km
JK-8

Connaught Public School

Public 1.79 km
JK-8

ÉÉC Immaculée-Conception

Catholic 0.80 km
JK-8

St Denis Catholic Elementary School

Catholic 0.90 km
JK-8

Harriet Tubman Public School

Public 0.48 km
9-12

DSBN Academy

Public 2.98 km
9-12

Lifetime Learning Centre Secondary School

Public 3.05 km
Pre-Grade 9-12

Saint Francis Catholic Secondary School

Catholic 3.23 km
9-12

St Catharines Collegiate Institute and Vocational School

Public 0.52 km
9-12

Eden High School

Public 2.92 km
Pre-Grade 9-12

Denis Morris Catholic High School

Catholic 3.06 km
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