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Executive Summary

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, favorable 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.

Property Facts

Price $927,869 USD
Price Per Unit $115,984 USD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Lot Size 0.21 AC
Building Size 3,000 SF
No. Stories 3
Year Built 1954
Zoning M1

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - 730
2+1 6 - 847
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
  • Listing ID: 41492858

  • Date on Market: 7/30/2026

  • Last Updated:

  • Address: 41 Hartzel Rd, St Catharines, ON L2P 1M6

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