$1,424,000
Available - For Sale
Listing ID: X12101116
82 Albert Stre , St. Catharines, L2R 2H1, Niagara


Discover a prime investment opportunity with this well-maintained multi-residential property featuring 6 units, perfectly situated for maximum convenience. Located just minutes from major highways, steps to public transportation, shopping centres and malls, this property offers easy access to everything your tenants need, enhancing its appeal and rental potential. Each unit is occupied by A+ tenants, all of whom consistently pay on time, ensuring a reliable income stream for the savvy investor. The property has been meticulously cared for, with significant upgrades including a brand-new roof installed in 2023, providing peace of mind and reducing future maintenance costs. This income-generating gem is not only a sound investment but also a welcoming community for tenants. Dont miss the chance to add this income property to your portfolio.
Price $1,424,000
Taxes: $7938.00
Assessment Year: 2024
Occupancy: Tenant
Address: 82 Albert Stre , St. Catharines, L2R 2H1, Niagara
Directions/Cross Streets: Lake St/Albert St
Rooms: 8
Rooms +: 6
Bedrooms: 8
Bedrooms +: 0
Family Room: F
Basement: Finished wit, Full
Washroom Type No. of Pieces Level
Washroom Type 1 3
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 100+
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick, Vinyl Siding
Garage Type: None
(Parking/)Drive: Private Tr
Drive Parking Spaces: 5
Park #1
Parking Type: Private Tr
Park #2
Parking Type: Private Tr
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2000-2500
Property Features: Public Trans
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $71,200 $142,400 $213,600 $284,800
First Mortgage $1,352,800 $1,281,600 $1,210,400 $1,139,200
CMHC/GE $54,112 $39,729.6 $33,891.2 $0
Total Financing $1,406,912 $1,321,329.6 $1,244,291.2 $1,139,200
Monthly P&I $6,942.86 $6,520.52 $6,140.35 $5,621.75
Expenses $0 $0 $0 $0
Total Payment $6,942.86 $6,520.52 $6,140.35 $5,621.75
Income Required $260,357.11 $244,519.6 $230,263.2 $210,815.48

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 FIRST CANADIAN CORP
Personal Picture
Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
 
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At a Glance:
Type: Freehold - Multiplex
Area: Niagara
Municipality: St. Catharines
Neighbourhood: 451 - Downtown
Style: 2-Storey
Lot Size: x 139.00(Feet)
Approximate Age: 100+
Tax: $7,938
Maintenance Fee: $0
Beds: 8
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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