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41 Hartzel Rd 8 Unit Apartment Building $927,869 USD ($115,984 USD/Unit) St Catharines, ON L2P 1M6
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 | Property Subtype | Apartment |
| Price Per Unit | $115,984 USD | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 3,000 SF |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1954 |
| Zoning | M1 | ||
| 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 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
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41 Hartzel Rd
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