33 LOCK Street

Location, location, location! Prime re-development site in the heart of Old Port Dalhousie with income. Fabulous multi unit building located just steps Lake Ontario and Lakeside Park Beach. An ideal location in the Port Dalhousie core, close to restaurants, shopping, transportation and fun-in-the-sun activities. Situated between several new residential developments and redevelopments where prices over the $1M mark per unit are the norm. This site has huge potential for redevelopment in the near future. Buyers need to verify any re-development plans with the City of St. Catharines. The existing building boasts four 2-bedroom and four 1-bedroom units. There are separate meters for all of the units and tenants pay their own hydro. The building has had new windows throughout in 2016, a new roof in 2019, along with new soffits & eaves in 2020 for a totally maintenance free exterior. The building has all electric heating system and tenants pay for their own heat. There is also coin laundry for additional income. There is enough room for 8 cars to park for tenant parking or additional rentals on site. All of the units have separate entrances and 3 units have private balconies. This building is an ideal investment with plenty of room to increase rents to the new market level. Due to Covid, apartment interior showings will only be available with an accepted conditional offer. Inside pictures of most apartments are available by email upon request. (id:42292)