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. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer.
| MLS # | X12996896 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Year | 0 |
| Days On Site | 165 |
| Listing Provided By | EXP REALTY | X12996896 488706 |
| Cooling | No |
|---|
| Utilities | Yes |
|---|
| Tax Annual Amount | 20120 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Niagara |
| City | St. Catharines |
| Postal Code | L2P 1M6 |
| Area | 456 Oakdale |
| Listing VS Median (in L2P 1M6) | |
Price: $1,300,000 low | high Med: $0 On site: 165 low | high Med: | |
| Province | ON |
|---|---|
| County | Niagara |
| City | St. Catharines |
| Postal Code | L2P 1M6 |
| Area | 456 Oakdale |
| Listing VS Median (in L2P 1M6) | |
Price: $1,300,000 low | high Med: $0 On site: 165 low | high Med: | |