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

MLS® # 40627964
Investment For Sale In Downtown St. Catharines, St. Catharines, Ontario
$899,888
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
$899,888

Property Information:

Welcome to a prime investment in downtown St. Catharines! Priced at a 7.05% 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 projected rent for 1 bedroom is $1200 & $1450. 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. Please see brochure for complete financial details.

Inclusions: Smoke Detector,8 Washers, 4 Double Stack Dryers, 5 Fridge, 5 Stoves, 1 Boiler For Heating, 1 Boiler For Hot Water, 1 Hot Water Tank. Ind Hydro Meters

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 3450 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Separate Entrance, 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 Transit, 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
  • Zoning: M1- Com/Res Mixed Use
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: Re/Max Gold Realty Inc., Brokerage

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
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

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

Sales/Price History

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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: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

54/100

Moderate

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 Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

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