Outstanding opportunity to acquire a solid 8-unit multifamily asset in a prime St. Catharines location, offered at a strong 5.6% cap rate with approximately $1,080,000 in assumable financing at 4.5% through March 2029. Many suites feature modern shaker kitchens, quartz counters, stainless steel appliances, updated baths, and LVP flooring, allowing investors to step directly into immediate cash flow with minimal near-term capital requirements. Tenants pay hydro individually, reducing landlord utility exposure, while remaining rental upside through natural turnover provides an excellent path to future NOI growth. A rare blend of turnkey stability, favourable debt, and long-term upside. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer.
Address
41 Hartzel Road
List Price
$1,300,000
MLS® Status
New
Expiration Date
2026-10-13
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
St. Catharines
Sub-Area
456 - Oakdale
Region
Niagara
Lot Size Source
MPAC
Lot Depth
76.69
Lot Type
Building
Lot Size Units
Feet
Lot Width
121.79
Parcel Number
463330258
Occupant Type
Tenant
Cross Street
Lincoln Ave & Hartzell Rd
MLS® Number
X12996896
Listing Brokerage
EXP REALTY
Postal Code
L2P 1M6
Posession Details
TBD
Tax Amount
$20,120.00
Tax Year
2025
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
No
Garage Type
None
