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78 Geneva Street, St. Catharines, ON, L2R 4M9

MLS® # 40592275
Investment For Sale In Downtown St. Catharines, St. Catharines, Ontario
$1,099,800
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
78 Geneva Street, St. Catharines, ON
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78 Geneva Street, St. Catharines, ON, L2R 4M9
$1,099,800

Property Information:

Welcome to a prime investment in downtown St. Catharines! Priced at a 6.11% cap rate with high rental potential. This property features 4/5 vacant residential units: two junior one-bedrooms and three large one-bedrooms, all recently renovated with new floors, kitchens, washrooms, and paint. The main floor houses a fully operational laundromat with 8 washers and 4 double-stacked dryers, offering steady income. Additional features include a new radiant hot water heating system, updated boiler systems, and fresh exterior paint with a newer roof. Located on a main thoroughfare with its own future redevelopment potential, this property promises not just immediate cash flow but also long-term growth prospects. Dont miss out this rare investments gem in booming St. Catharine's. Details available in brochure and data room available with executed NDA.

Inclusions: Smoke Detector,Other,Fridge, Stove, 1xac Split System, 8 Washers, 4 Double Stack Dryers,

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 3450 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Full, Unfinished
  • Construction Materials: Stone
  • Cooling: Wall Unit(s)
  • Driveway Parking: Lane/Alley Parking, Outside/Surface/Open
  • Floor Space (approx): 3450 Square Feet
  • Heating: Natural Gas, Radiator
  • Interior Features: Built-In Appliances
  • Laundry Features: Coin Operated
  • Lot Depth: 100.22 Feet
  • Lot Features: Irregular Lot, Park, Public Parking, Rec./Community Centre
  • Lot Frontage: 33.07 Feet
  • Parking Features: Exclusive, Mutual/Shared, Right-of-Way
  • Road Frontage Type: Public Road
  • Roof: Membrane
  • Security Features: Smoke Detector
  • Water Source: Municipal
  • Water Treatment:
  • Zoning: Retail Or Office With Residential Units
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: REMAX GOLD REALTY INC

Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr. #1, Mississauga, Ontario L5L 0A2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 78 Geneva Street, St. Catharines, ON, L2R 4M9

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

34 hot days expected in 2050

Projected Storm Risk: High

13 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

54/100

High

ClimateCheck®

Current data

This property, 78 Geneva Street , experiences 7 hot days per year at around 31.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 35 degrees Celsius.

Projected Avg. Temperature

Past
31.4℃
2050
35℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: High

13 storms expected in 2050

58/100

High

ClimateCheck®

Current data

This property, 78 Geneva Street , experiences 11 significant 2-day storms per year, with about 311mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 380.6mm of precipitation per year.

Precipitation Per Storm

Past
311mm
2050
380.6mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 78 Geneva Street, St. Catharines, ON, L2R 4M9

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$65,848.40

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.54 %

High school certificate or equivalent

35.27 %

Apprenticeship trade certificate/diploma

5.97 %

College/non-university certificate

20.75 %

University certificate (below bachelor)

0.05 %

University Degree

16.42 %

Commuter

Travel To Work

By Car

65.37 %

By Public Transit

8.13 %

By Walking

15.31 %

By Bicycle

0.0 %

By Other Methods

11.19 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

79.84 %

Houses

20.16 %

Own Vs. Rent