369 Glendale Avenue, St. Catharines, ON L2T 1B9
...
sold
About This Property
This well-maintained low-rise residential building offers a strong unit mix of one- and two-bedroom suites, all operated on an all-inclusive basis. The property has seen targeted capital improvements over time, including electrical service upgrades, select exterior improvements, and enhancements to the lower-level heating system, supporting efficient and reliable operations.Offered at under $200,000 per unit, the asset represents an attractive near-7% capitalization rate, providing immediate cash flow with limited management complexity. Situated on a large lot along a busy, high-visibility corridor in a core, near-downtown location, the property also benefits from future upside potential, including the possibility of an ADU addition or longer-term redevelopment, subject to municipal approvals.The vendor is motivated and has identified preferred walkthrough and offering timelines. Please contact your agent for further details.
Property Details
Multi-Family
Sold
X12786104
4
3
1,500
March 3, 2026
Features & Amenities
Location
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369 Glendale Avenue, St. Catharines, ON L2T 1B9
369 Glendale Avenue, St. Catharines, ON L2T 1B9
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Listing Information
Listing Information
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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9