200 King Street, St. Catharines | Image 1

200 King Street

St. Catharines, 451 - Downtown

  • Commercial

$1,700,000
For Sale

Added 8 hours ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: MR

  • Age: No Data

  • Taxes: 10955

  • MLS®#: X11934669

  • Added: Jan 21, 2025 (8 hours ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: COMMERCIAL FOCUS REALTY INC.

Great first time investor building in prime downtown St. Catharines. House form wood frame building substantially updated inside and out. Windows, roof, exterior, common areas all updated. 5 of the 7 suites have been gutted to the studs and totally renovated to condo quality including heat pump mini spits, stone countertops and new appliances. Tenants pay hydro. Over $30,000 upside in rents. Future gas savings $6,600 per year with removal of global boiler in the basement.

Extras

Potential to put storage lockers in the basement for additional income. Low maintenace and easy to manage asset. Driveway parking 3 tandem cars. Bus at door and steps to downtown.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 80000

  • Area: St. Catharines

  • Community: 451 - Downtown

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Other

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Tax Legal Description: Lt 332, Pt/L 333, CP Plan 2 Grantham as in RO676447

  • Taxes: $10,955

  • Expenses: Est

  • Taxes Type: Annual

  • Tax Year: 2024

Land

  • Cross Street: King St and Court St

  • Municipality District: St. Catharines

  • Parcel Number: 462190046

  • Lot Depth: 88.35 Feet

  • Lot Frontage: 46 Feet

  • Zoning: MR

Commercial Specific

  • Sprinklers: N

  • Total Area: 0.1

  • Total Area Metric: Acres

  • Area Influence: Public Transit

  • Lot Code: Lot

  • Financial Statement: N

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