Here’s a fresh canvas for you to enjoy! Building is currently a hollow shell…build back whatever you desire! Fully vacant and demoed property (previous 4plex with separate meters). Drawings in hand for 4 units again. Or easily convert drawings to 3 units plus basement butler suite for easiest path with city. (Easiest route is single family home with 2 ADUs in the house plus a non-registered basement unit).
SUMMARY:
– LOCATION: St. Catharines, ON (Carlton St & Lake St)
– PURCHASE PRICE: $429,900 Or Best Offer
– AFTER REPAIR VALUE: $975,000 as a 4-plex (per recent Appraisal)
– FAST CLOSING: March 28, 2024 (This is an assignment sale.)
– TYPE: 2 Storey Residential with Four Self-Contained Units (per MPAC)
– BEDS/BATHS: Previously 7 Beds/4.5 Baths
– PARKING: In front and rear
– BASEMENT: Full and partially waterproofed. Ready for you to add butler suite!
– SQFT: 2314
– DEEP LOT: 45’ x 180’
– AGE: 1922
– ZONING: R2
– PROPERTY TAX: Approx $4,291/year
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– This property is currently a vacant shell and ready for your imagination! Extensive renovations required.
– Plan for new windows, roof, furnace, A/C, etc.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.
GOOD NEWS:
– Interior already fully demoed
– Zoning allows 4plex
– 4 separate hydro meters
– Recent appraisal available
Please let us know if you want to view it or if you want us to email you the info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Paul, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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