60 CARLTON Street, St. Catharines | Image 1

60 CARLTON Street

St. Catharines, 451 - Downtown

  • Commercial

$770,000
For Sale

Added 1 year ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R3

  • Age: 31-50 years

  • Taxes: 2718.97

  • MLS®#: X9410939

  • Days on Site: 517 Days

  • Added: Jun 18, 2023 (1 year ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: ROYAL LEPAGE NRC REALTY

$6000 month income. 10 Long Term Tenants 10 occupied bedrooms for cash flow. Highly needed and in demand rooming house situation. Zoning is R3 and currently recognized as a duplex, 3 hydro meters, 3 separate units each with exterior entrances with 5 bedrooms on 1st and 2nd floor apts. The property is being sold as is with the current long term tenant arrangement -10 occupied rooms @$6000 month, $72000yr. approx $58k Net after taxes, utilities etc. Highly tenantable area with transit and walking distance to grocery, doctors, amenities. 42x96 lot with single drive leading to open rear yard parking. the 1 bed basement apartment is vacant buyer to do their own due diligence on conversion. The basement apt was added by the previous owner, it may need some fire separation retro-fit and an electrical inspection.

Property

  • Status: Sale

  • Property Type: Investment

  • Age: 31-50

  • Area: St. Catharines

  • Community: 451 - Downtown

  • Availability Date: Flexible

  • Assessment Amount: $182,000

  • Assessment Year: 2022

Inside

  • Bathrooms: 3

  • Air Conditioning: None

  • Washrooms: 3

Building

  • Basement: Y

  • Heat Type: Forced Air

  • Water Supply: Municipal

Parking

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2021

  • Tax Legal Description: PT LOT 107-108 CY PL 155 GRANTHAM AS IN R0582053; ST. CATHARINES

  • Taxes: $2,719

  • Expenses: Act

  • Insurance Fee: 2000

  • Operating Fees: 13119

  • Hydro Expense: 3000

  • Heat Expenses: 2400

Land

  • Cross Street: QEW - Lake St or Ont

  • Municipality District: St. Catharines

  • Sewer: Sewers

  • Lot Depth: 96 Feet

  • Lot Frontage: 42 Feet

  • Zoning: R3

Commercial Specific

  • Total Area: 1662

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Financial Statement: N

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Map of 60 CARLTON Street, St. Catharines
JK-8

St Nicholas Catholic Elementary School

Elementary: Catholic
1.45 km
JK-8

ÉÉC Immaculée-Conception

Elementary: Catholic
1.50 km
JK-8

William Hamilton Merritt Public School

Elementary: Public
2.15 km
JK-8

St Denis Catholic Elementary School

Elementary: Catholic
0.81 km
JK-8

Grapeview Public School

Elementary: Public
1.49 km
JK-8

Harriet Tubman Public School

Elementary: Public
0.80 km
9-12

DSBN Academy

Secondary: Public
3.40 km
9-12

Lifetime Learning Centre Secondary School

Secondary: Public
2.62 km
Pre-Grade 9-12

Saint Francis Catholic Secondary School

Secondary: Catholic
2.79 km
9-12

St Catharines Collegiate Institute and Vocational School

Secondary: Public
1.09 km
9-12

Laura Secord Secondary School

Secondary: Public
3.08 km
9-12

Eden High School

Secondary: Public
2.48 km
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