Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

41 Hartzel Road St. Catharines, Ontario L2P 1M6

None Forced Air

$1,300,000

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. (id:67947)

Property Details

MLS® Number X12996896
Property Type Multi-family
Community Name 456 - Oakdale

Building

Cooling Type None
Heating Fuel Natural Gas
Heating Type Forced Air
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 76 Ft ,8 In
Size Frontage 121 Ft ,9 In
Size Irregular Bldg=121.79 X 76.69 Ft
Size Total Text Bldg=121.79 X 76.69 Ft
Zoning Description M1

https://www.realtor.ca/real-estate/29602571/41-hartzel-road-st-catharines-oakdale-456-oakdale

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Justin Salazar, Exp Realty · Jack Anbara, Exp Realty · Andrew Odoardi, Exp Realty

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.