Sold ConditionalInvestment

14-18 Secord Drive

Name: 14-18 Secord Drive - Sold Conditional
Brand: COLLIERS INTERNATIONAL NIAGARA LTD.
Price: 1900000 CAD
Availability: OutOfStock

St. Catharines - 443 - Lakeport

14-18 Secord Drive

St. Catharines - 443 - Lakeport

Listed For $1,900,000

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Sold Conditional

- Garage Garage

Description

Well-maintained, fully leased investment opportunity located in a busy commercial corridor in St. Catharines. Several recent building improvements. WALT of 2.9 years remaining and cap rate of 6.72%. All tenants have lease agreements with rent escalations and options to extend, offering stable income. Ample on-site parking and the current zoning offers a wide range of permitted uses. Contact listing agent for more information and financials.

Key facts for 14-18 Secord Drive

Tax$26,366 / 2024

Property TypeInvestment,

Lot Size120 x 187.5 Feet

Size7800 ft²

Listing #X12440121

Days on Market--

Listing BrokerageCOLLIERS INTERNATIONAL NIAGARA LTD.

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

Mortgage Calculator

Home Price

Amortization

Interest Rate

Down Payment

* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$9,278/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$-1.4% net yield

Net Monthly Cash Flow-$11,455

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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