259 St. Paul St

St. Catharines
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  • $ 16,400,000
    For Sale
Sq Ft n/a
Type
Age n/a
Walkscore n/a
Days Listed 17529
Last Updated December 13, 2017
Listed By RE/MAX GARDEN CITY REALTY INC., BROKERAGE

Eric Skicki

BROKER

Cloud Realty

Address Distance
Restaurant
Thai Wok Restaurant 1235 Woodbine Avenue 0.44 km
San Francesco Foods 965 Coxwell Avenue 0.67 km
Thai Fusion Restaurant 969 Coxwell Ave 0.69 km
School
East York Alternative SS 670 Cosburn Av 0.37 km
Canadian Martyrs Separate School 520 Plains Road 0.59 km
East York Collegiate Institute 650 Cosburn Ave 0.53 km
Pharmacy
Toronto East Pharmasave 825 Coxwell Avenue 0.54 km
Shoppers Drug Mart 1630 Danforth Avenue 1.06 km
Bakery
The Perfect Wedding Guide 1191 Woodbine Avenue 0.51 km
Celena's Bakery 2036 Danforth Avenue 1.03 km

Property Description

Beautiful 75 Brand New Unit Apartment Building Plus 5 Brand New Restaurants. 73,300 Square Feet, 6 Storey, Concrete Structure, Solid Brick Potential To Add 7 Floors (70Units). Full 9 Foot High Basement (13,000 Sqft). All Newer Apartments, New Electrical, Plumbing, Hvac, Individual Heat Pumps, Windows, Kitchens, Bathrooms, Ceramic Floors. Institutional Grade Investment Property Shows A Guaranteed 5% Cap Rate, 8.33% Return On Invested Capital.

Extras

12.66% Internal Rate Of Return. A Prime Investment In Heart Of Entertainment District Downtown St. Catherine's. Existing Financing Available. **Interboard Listing:Niagara Re Assoc**

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Property Value
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Mortgage Rate
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Mortgage Term
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Loan amount $
Down Payment $
Morgage Rate 2.99%
Amortization 25 Years