41 Hartzel Road, St. Catharines, ON L2P 1M6

$1,300,000

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List Price
$1,300,000
MLS#
X12996896
Status
ACTIVE UNDER CONTRACT
Type
Commercial
SubType
Investment
Province
ON
Municipality
St. Catharines
Area
Niagara
Neighborhood
456 - Oakdale
Subdivision
Lincoln Ave & Hartzell Rd

Property Description

Outstanding opportunity to acquire a solid 8-unit multifamily asset in a prime St. Catharines location, offered at a strong 5.6% cap rate with approximately $1,080,000 in assumable financing at 4.5% through March 2029. Many suites feature modern shaker kitchens, quartz counters, stainless steel appliances, updated baths, and LVP flooring, allowing investors to step directly into immediate cash flow with minimal near-term capital requirements. Tenants pay hydro individually, reducing landlord utility exposure, while remaining rental upside through natural turnover provides an excellent path to future NOI growth. A rare blend of turnkey stability, favourable debt, and long-term upside. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer.

Additional Information

Taxes
$20,120
Heat Type
Gas Forced Air Closed
Air Conditioning
No
Lot Depth
76
Garage Type
None

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Calculator source: Real Geeks

Listing courtesy of EXP REALTY.