
$2,990,000
St. Catharines · Port Dalhousie
$3,750,000
Added 11 days ago
Property type
Multiplex
Style
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3-Storey
Size
5000 + sqft
Lot
179.2 × 132.9 Feet
Parking
25.0 spaces
Taxes
$45,648 /yr
MLS®
X14120736
Listed by
COLLIERS INTERNATIONAL NIAGARA LTD.
Located in a downtown location benefiting from ongoing revitalization and proximity to key redevelopment projects, 88 Queenston offers investors both immediate yield and long-term growth. This is a rare opportunity to acquire a well-maintained, income-producing apartment building with significant embedded potential in downtown St. Catharines.The property delivers stable, in-place cash flow from 21 residential units, supported by a quiet tenant profile, strong historical ownership oversight, and extensive recent capital improvements. There is a large scale of untapped potential - the main floor (approximately 5,000 square feet) is currently positioned for either commercial leasing or residential conversion, while the basement offers an additional 3,500+ square feet of usable space with multiple access points. Previous ownership has advanced conceptual plans to further intensify the site through the addition of new residential units with dedicated entrances, Located in a rapidly evolving neighbourhood near key redevelopment nodes, 88 Queenston offers investors both immediate yield and long-term growth. Please note that the heating (noted as 'Other' in the listing is Hydronic. For A/C, Landlord installs, maintains and removes window or floor model air conditioning units. There are 2 Laundry rooms - 1 on 2nd floor and 1 on third floor.
88 Queenston Street, St. Catharines, ONGet directions
Estimate your monthly payment
Estimated monthly payment
$16,658/mo
Principal + interest
$16,658
Total interest
$1,997,385
Estimate only. Excludes property taxes, heating and maintenance. Rates and terms subject to lender approval.
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