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PRICE REDUCED: Stunning 21-Unit Building in the Heart of St. Catharines

Price
$4,398,888OBO
Beds
21 Beds
Baths
21 Baths
Lot Size
75 x 100 feet
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Property Description

$4,750,000 REDUCED $4,398,888

Welcome to 3 Church Street, a magnificent investment opportunity boasting three buildings combining modern luxury and classic charm. This renovated property showcases an exceptional array of upgrades and enhancements, providing an unparalleled living experience for tenants and remarkable value for investors.

Renovated Units

Out of the 21 units, 14 have undergone a complete transformation, featuring meticulous attention to detail. Each unit has been thoughtfully designed with new kitchen cabinets, elegant tile work, sleek counters, premium flooring, and upgraded sinks and faucets. Bathrooms have also received a luxurious upgrade, refinishing sinks, faucets, showers, floors, and tubs as required. The walls and trim work have been refreshed with stylish paint and stain, while electrical fixtures and appliances have been thoughtfully replaced where needed. Additionally, radiators have been purged, cycled, and expertly cleaned, complemented by high-heat flat black resurfacing.

Elegant Common Areas

All common hallways and stairwells exude elegance, adorned with exquisite oak gumwood trim, stairs, railings, ballasts, baseboards, casings, and posts. The entry doors have been upgraded, providing a grand welcome to residents and guests. Moreover, electrical light fixtures and fire alarm systems with backup emergency lighting ensure safety and convenience for all.

Exterior Enhancements

The property’s entryways have been meticulously reimagined. With new millwork, fresh paint, address scrolls, stonework, and improved drainage systems featuring weepers as required, the curb appeal of these buildings is truly impressive. New lighting further illuminates and enhances the surroundings.

Mechanical Excellence

Mechanical systems have not been overlooked, with a state-of-the-art high-efficiency potable water boiler system installed. Each unit has its own separate electrical meter, while the electrical configuration, layout, and lighting have been thoughtfully upgraded.

Modern Amenities

The building now features a new fire escape, complete with structural supports, footings, joists, railings, ballasts, and four staircases in the rear courtyard area. Garbage facilities have been set up with a maintenance-free shed structure in the exterior courtyard, ensuring cleanliness and convenience for all residents. A sophisticated delivery system with signage and storage for tenant parcel delivery is also available in the rear courtyard.

Unit Diversity

This outstanding property offers various units to cater to various needs. Among the 21 units are 6 spacious bachelor apartments, 9 comfortable one-bedroom units, and 6 generous two-bedroom residences, ensuring a diverse and attractive tenant mix.

Prime Location

Nestled in the heart of St. Catharines, this property enjoys proximity to many amenities, including shops, restaurants, parks, and schools, making it a sought-after address for tenants. Commuters will appreciate the convenience of nearby transportation options.

An Ideal Investment Opportunity

Whether you’re an experienced investor or a newcomer to the real estate market, this 21-unit building represents an exceptional investment opportunity. The renovations and enhancements have been skillfully executed, offering the chance to own a premium property in a thriving location.

Don’t miss out on owning this exquisite property at 3 Church Street, boasting two additional buildings at 45 and 47 William Street. Contact us today to schedule a private tour and secure your stake in the flourishing St. Catharines real estate market!

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3 Church Street – Introductory Broucher

 

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