2 South Drive, St. Catharines | Image 1

2 South Drive

St. Catharines

  • Commercial

$1,750,000
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R3

  • Age: 51-99 years

  • Taxes: 3080

  • MLS®#: X10407035

  • Added: Nov 04, 2024 (2 months ago)

  • Updated:

  • Last Checked: 33 minutes ago

  • Listed By: RIGHT AT HOME REALTY, BROKERAGE

Welcome to a prime investment opportunity in the heart of St Catharines, Ontario, located in the desirable Glenridge community known for its strong rental demand and stable property values. This centrally-located property features five well-maintained apartment units, each separately metered and fully turn-key. All units currently tenanted with nearly all rents up-to-date, this property promises an immediate and steady income. Proximity to Brock University makes this property particularly attractive for students, faculty, and staff. Tenants will appreciate easy access to shopping, nature trails, and other local amenities such as the nearby Meridian Centre and St Catharine's Golf & Country Club, in addition to central transit and four local bus routes. Additionally, quick access to major highways ensures easy travel throughout the region. Seller Does Not Warrant Retrofit Status of Apt.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 51-99

  • Area: St. Catharines

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Radiant

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 5

  • Trailer Parking Spots: 5

Fees

  • Tax Year: 2024

  • Taxes: $3,080

  • Taxes Type: Annual

Land

  • Cross Street: Westchester/South Dr

  • Municipality District: St. Catharines

  • Parcel Number: 463360047

  • Lot Depth: 141 Feet

  • Lot Frontage: 50 Feet

  • Zoning: R3

Commercial Specific

  • Sprinklers: Part

  • Total Area: 7341

  • Total Area Metric: Sq Ft

  • Area Influence: Grnbelt/Conserv

  • Area Influence: Major Highway

  • Lot Code: Lot

JK-8

St Nicholas Catholic Elementary School

Elementary: Catholic
0.95 km
JK-8

Oakridge Public School

Elementary: Public
2.04 km
JK-8

Edith Cavell Public School

Elementary: Public
1.06 km
JK-8

Connaught Public School

Elementary: Public
1.47 km
JK-8

ÉÉC Immaculée-Conception

Elementary: Catholic
0.98 km
JK-8

Harriet Tubman Public School

Elementary: Public
1.60 km
9-12

DSBN Academy

Secondary: Public
2.25 km
9-12

St Catharines Collegiate Institute and Vocational School

Secondary: Public
1.32 km
9-12

Laura Secord Secondary School

Secondary: Public
3.42 km
9-12

Eden High School

Secondary: Public
4.09 km
9-12

Sir Winston Churchill Secondary School

Secondary: Public
1.79 km
Pre-Grade 9-12

Denis Morris Catholic High School

Secondary: Catholic
1.81 km
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