$2,099,000
FOR SALE

Investment

Lot: 68.09 x 162.56 ftTotal Area: 10,107 ft2
2023 Taxes: $18,848.87

26 GALE Cres
St. Catharines, ON L2R 3K9 | 450 - E. Chester | Niagara

Step into the practicality and comfort of 26 Gale Crescent, a modest yet well-appointed three-story apartment building. This sturdy structure boasts a commitment to upkeep, evident in its neatly maintained premises. Security is a priority here, with surveillance cameras strategically placed in the interior and exterior of the building. The building contains 12 units, with 8 recently renovated and vacant. Each unit is equipped with its own meter, offering residents the convenience of managing their own utilities independently. Parking is hassle-free, with plenty of space available at the rear of the building. Recent updates made to the mechanical room. This property comes with a commendable cap rate exceeding 6% which makes this investment opportunity stand out in the market.Don't overlook the potential of owning this building. Seize the opportunity before it's gone!
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Listed By SOTHEBY'S INTERNATIONAL REALTY, Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9413854
Last Updated Feb 05, 2025
Property Summary
Property Type Investment

More like this:
PIN 462640130
Legal Description PT LT 3551 CP PL 2 GRANTHAM AS IN RO817820 S/T THE RIGHTS OF OWNERS OF ADJOINING PARCELS, IF ANY UNDER RO717709; ST. CATHARINES
Occupancy Tenant
Possession Date Immediate
Taxes (2023) $18,848.87
Assessment (2024) $612,000
Directions/Cross Streets Geneva Street right to Gale Crescent
Neighbourhood 450 - E. Chester
Area Niagara
Price History

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Detailed Information
Freestanding Y
Lot 68.09 x 162.56 ft
Lot Irregularities See Geowarehouse
Total Area 10,107 ft2
Approximate Age 51-99
Air Conditioning N
Basement Y
Garage Type Single Detached
Parking Spaces 8
Heat Type Radiant
Hydro Expense $3,990
Heat Expenses $1,527
Insurance Expense $8,374
Year Expenses $2,024
Expenses Actual/Estimated Est
Sewers Sanitary
Water Municipal
Zoning R3
Seller Property Info Statement N

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