Homes for sale - 51 MAIN ST, Niagara, ON L2N 4T8

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Sarah McCallion

sarah.mccallion@theagencyre.com +1(416) 508-6154

$ 1,736,000

Est. payment | -/mo

6,800 SqFt

Save Virtual Tour

$ 1,736,000

Est. payment | -/mo

Save Virtual Tour

6,800 SqFt

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 6,800 sqft

Price per Sqft $255

MLS Listing ID X9412685

Annual Tax Amount $9,092

Tax Year 2021

Property Description

6 cap!! Steps from the beach! Cashflow AND long-term upside potential with this 8 unit apartment building. Some balconies offering water views of the Royal Canadian Henley Regatta. Situated in one of Niagara's most desirable neighborhoods, surrounded by multi-million dollar homes, and just a 5-minute walk to the active Port Dalhousie beach front, where there are volleyball tournaments, boat marina, vendors, concerts, and active night life. With water on 3 sides of this neighborhood, your long-term value will always appreciate. Additionally, benefit from the new instant hot water system installed in 2022. This is the main street which directs traffic to and from the QEW - great for your commercial tenant. Acquire this asset with built-in equity today. Small VTB available at list price. Opportunity to get most funds out through CMHC select loan program. Time to step up. Portfolio defining asset with room for growth and near future value over $2m!! Don't miss this!

Location

State ON

County Niagara

Community 438 - Port Dalhousie

Area Niagara

Zoning C1

Region 438 - Port Dalhousie

City Region 438 - Port Dalhousie

Rooms

Basement None

Kitchen 0

Interior

Cooling Unknown

Inclusions Hot Water Tank Owned

Exterior

Pool None

Community Features Public Transit

Utilities Available Unknown

Roof Type Unknown

Lot Frontage 36.0

Lot Depth 115.0

Building

Foundation Post & Pad, Concrete Block

New Construction false

Others

Security Features Unknown

Listed by KELLER WILLIAMS COMPLETE REALTY

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 508-6154

sarah.mccallion@theagencyre.com

378 Fairlawn Ave, Toronto, ON, M5M 1T8, CAN

51 MAIN ST Niagara, ON L2N 4T8