88 Queenston St, St. Catharines, Ontario, L2R 2Z2

Description

Located in a downtown location benefiting from ongoing revitalization and proximity to key redevelopment projects, 88 Queenston offers investors both immediate yield and long-term growth. This is a rare opportunity to acquire a well-maintained, income-producing apartment building with significant embedded potential in downtown St. Catharines.The property delivers stable, in-place cash flow from 21 residential units, supported by a quiet tenant profile, strong historical ownership oversight, and extensive recent capital improvements. There is a large scale of untapped potential - the main floor (approximately 5,000 square feet) is currently positioned for either commercial leasing or residential conversion, while the basement offers an additional 3,500+ square feet of usable space with multiple access points. Previous ownership has advanced conceptual plans to further intensify the site through the addition of new residential units with dedicated entrances, Located in a rapidly evolving neighbourhood near key redevelopment nodes, 88 Queenston offers investors both immediate yield and long-term growth.