38-42 Court Street, St. Catharines | Image 1

38-42 Court Street

St. Catharines

  • - bed - bath - sqft
$X,XXX,XXX Listed: $X,XXX,XXX
Sold

Sold on Sep 26, 2023

Note: Property is not currently for sale or for rent.

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  • Type: Multiplex

  • Style: Other

  • Size: 5000 sqft

  • Lot Size: 125 x 122 Feet

  • Age: 100+ years

  • Taxes: $27,153 per year

  • Days on Site: 1 Days

  • Added: Sep 25, 2023 (1 day on market)

  • Updated:

  • Last Checked: 4 hours ago

  • MLS®#: X7029674

  • Listed By: Mcgarr realty corp.

We have an incredible offer for you - an 18-unit residential building located in a prime area. In one of the most sought-after locations, it offers convenience, accessibility, & high tenant demand. 18 units currently vacant, a unique opportunity to shape this property according to your vision. Investing in a residential building of this scale provides multiple streams of income & long-term stability. As the rental market continues to thrive, such a property can generate substantial monthly cash flow while also appreciating over time. Each unit can be customized to maximize rental returns. Whether you choose to renovate them into luxury apartments or cater to specific target markets, ample room for creativity & profit generation. Furthermore, with a prime location like this, attracting tenants will be effortless. The demand for housing in desirable areas remains consistently high, ensuring a steady influx of potential renters year-round. Don't miss this exceptional opportunity.

Extras

Exterior of building is designated as a Heritage building. Square footage of building is approximate.

Status

  • Days on Market: 1

  • Last Status: Sold

  • Sold Date: Sep 26, 2023

  • Closed Date: Dec 19, 2023

  • Expiry Date: Jun 25, 2024

  • Sold Price: $1,600,000

  • Unavailable Date: Sep 28, 2023

  • Input Date: Sep 25, 2023

  • Prior LSC: Listing with no contract changes

Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: Other

  • Size (sq ft): 5000

  • Age: 100+

  • Area: St. Catharines

  • Availability Date: 90+ Days

  • Assessment Amount: $893,000

  • Assessment Year: 2022

Inside

  • Bedrooms: 9

  • Bathrooms: 18

  • Kitchens: 9

  • Rooms: 9

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 18

Building

  • Basement: Full

  • Basement 2: Unfinished

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Other

  • Garage Type: None

  • Covered Parking Spaces: 6

  • Total Parking Spaces: 6

Fees

  • Tax Year: 2023

  • Tax Legal Description: In Remarks for Brokerages

  • Taxes: $27,153

Highlights

  • Feature: Library

  • Feature: Park

  • Feature: Place Of Worship

  • Feature: Public Transit

  • Feature: School

Land

  • Cross Street: Church And Court

  • Municipality District: St. Catharines

  • Fronting On: South

  • Parcel Number: 462200094

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 122 Feet

  • Lot Frontage: 125 Feet

  • Zoning: Zoning:M2-92.

Additional Media

  • Virtual Tour: https://vimeo.com/839371694?share=copy
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Walker's Paradise

  • Daily errands do not require a car.
98 /100

Good Transit

  • Some errands can be accomplished by public transportation.
62 /100

Very Bikeable

  • Most errands can be accomplished on bike.
75 /100
Map of 38-42 Court Street, St. Catharines
JK-8

St Nicholas Catholic Elementary School

Elementary: Catholic
0.14 km
JK-8

Edith Cavell Public School

Elementary: Public
1.76 km
JK-8

Connaught Public School

Elementary: Public
1.16 km
JK-8

ÉÉC Immaculée-Conception

Elementary: Catholic
0.21 km
JK-8

St Denis Catholic Elementary School

Elementary: Catholic
1.25 km
JK-8

Harriet Tubman Public School

Elementary: Public
0.80 km
9-12

DSBN Academy

Secondary: Public
2.94 km
9-12

St Catharines Collegiate Institute and Vocational School

Secondary: Public
0.49 km
9-12

Laura Secord Secondary School

Secondary: Public
2.71 km
9-12

Eden High School

Secondary: Public
3.25 km
9-12

Sir Winston Churchill Secondary School

Secondary: Public
2.58 km
Pre-Grade 9-12

Denis Morris Catholic High School

Secondary: Catholic
2.65 km

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