About this property

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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12996896
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	0 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	456 - Oakdale
City	St. Catharines
Postal Code	L2P 1M6
Province	ON
Listed Date	April 14, 2026
Days on Market	114
Brokerage	EXP REALTY