Income Properties Currently For Sale:
Below you'll find a short list of investment properties which are currently listed for sale by our Brokerage*. You may request further information on these properties by calling us at 905-734-6000 or by simply completing the form located below.
Through our VIP Buyer Client Service we will share information with you about many other income properties which are currently available for sale (exclusively or through the MLS).
When you contact us by completing the form below you'll gain access to our expert analysis of the following types of local income properties through our VIP Buyer Client Service:
1) Residential duplexes, triplexes & fourplexes (38 are currently available now);
2) Residential apartment buildings with 5 to 200 units (12 are currently available now);
3) Residential student rental housing properties (8 are currently available now);
4) Mixed-Use (Commercial + Residential) buildings (47 are currently available now); &,
5) Multi-Unit Commercial properties (11 are currently available now).
The column for "Cap. Rate %" below refers to the "Capitalization Rate" which is a measure of Return on Investment arrived at by dividing the Net Income of a property by the Asking Price. Property appreciation and leveraging will greatly increase your overall rate of return.
Copyright© 2013 Royal Real Estate Inc. (operating as Castle Quest Investment Real Estate). All rights reserved. Information herein is deemed reliable but is not guaranteed accurate by Castle Quest Investment Real Estate or it's representatives. Not intended to solicit Buyers or Sellers currently under Agency Agreement.
Unit Mix Abbreviations:
R = # of Bedrooms Rented
B = # of Bachelor Apartments
1 = # of 1-Bedroom Apartments
2 = # of 2-Bedroom Apartments
3 = # of 3-Bedroom Apartments
4 = # of 4+ Bedroom Apartments
C = # of Commercial Units
T = Total # of Units
To obtain further information on any property listed below you may call Steven Kealey (Broker of Record) at 905-734-6000 or simply click inside the white "Get Info." box for any property listed below (or more than one) & fill out the short form below & click the SUBMIT button at the bottom of this page to receive full details (including Operating Statements, Financial Statements & Rent Rolls).
Unit Mix (Abbreviations Above):
To obtain full details on the properties you've check marked in the "Get Info." boxes above (including Operating Statements and Rent Rolls) you may complete the form below and click the "SUBMIT" button (or call 905-734-6000) & we will e-mail this information to you:
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Click on photos below each listing to open a Photo Tour for that property
10-Bedroom boarding and lodging house with updates to windows, roof, heating system, bathrooms, flooring, kitchen, fire retrofit complete, etc. Parking for 9 cars. Unique property formerly licensed with the City as a "Boarding & Lodging" house. Built as a rooming house in 1929. Gross Rental Income of $61,200 with Net Income of $34,800. Click on any photo above for a photo tour & click the white Get Info. box above and click "Submit" below to receive a detailed Operating Statement and Rent Roll for this property.
For Photo Tour
Click on any photo directly below the listing details to open a Photo Tour for that income property
Income Property Advisors
for the Niagara Region
& the City of Hamilton
Steven Kealey, BA, MSc
Broker of Record
4-Unit mixed-use income property with 3 large beautiful apartments +1 retail storefront. Located in downtown Welland with a large double-wide lot with plenty of parking for 8 cars. Good tenants in place. Can be purchased with the property next door (see below). Gross Income of $32,484 with Net Income of $15,188. Click Get Info. box above and click the "Submit" button below to receive a detailed financial Operating Statement and a full Rent Roll for this property. Also, click any photo above for a photo tour.
Solid brick 6-unit property with 5 updated apartments plus one rear storage garage with an office & bathroom. Fully rented to quality tenants. Coin laundry machines in basement. Lots of updates to roofing, boiler heating system, windows, flooring, kitchens, bathrooms, wiring, fire separations, etc.. Gross income of $41,376 with net income of $21,199. Click the white Get Info. box above and click "Submit" below to receive a detailed financial Operating Statement and full Rent Roll for this property. Also, click any photo above for a photo tour.
Large 7-unit apartment building with condo conversion possibilities located immediately behind Welland General Hospital. RM4 high density zoning. Includes development land (VERY large font yard) with potential for additional 40 or more apartment units. Separate hydro meters and plenty of updates to flooring, fire safety equipment, kitchens, bathrooms, etc. Click on any photo above for a photo tour & click the white Get Info. box above and click "Submit" below to receive a detailed Operating Statement and Rent Roll for this property.
For Photo Tour
For Photo Tour
For Photo Tour