Anyone driven by this one? or know about it? Just starting to get feelers about real estate investments outside of Mississauga......my feeling won't be hurt if someone else on this board jumps on it...reduced in price also.
http://toronto.kijiji.ca/c-real-estate- ... Z352502020
St Catherines 3 Apts 1 showroom for 299K?
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Niagara Investor
- Posts: 2151
- Joined: September 8th, 2009, 9:47 pm
Re: St Catherines 3 Apts 1 showroom for 299K?
Not sure about the building in question but the area is down on t's heels. Lot's of crack heads and other riff raff. Finding good tenants would be hard..
PS I live in the Garden City. Tenant quality has plummeted dramatically in the last 5 years. Nicely renno'd units in ok or better parts of town and lots of screening...are a must...
PS I live in the Garden City. Tenant quality has plummeted dramatically in the last 5 years. Nicely renno'd units in ok or better parts of town and lots of screening...are a must...
If you won't work to feed your children you are not a man! If you squeal to admin when you don't like my posts you are a b*****!
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APLL
- Posts: 164
- Joined: January 13th, 2011, 7:56 pm
Re: St Catherines 3 Apts 1 showroom for 299K?
thanks for the heads up
Not the right building investment I am looking for, as it is out of AO and unfimiliar with building type.
Not the right building investment I am looking for, as it is out of AO and unfimiliar with building type.
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Steves
- Posts: 1264
- Joined: November 6th, 2011, 7:56 pm
Re: St Catherines 3 Apts 1 showroom for 299K?
Equals vacancy for at least a month or two every year or so, which will need to be added in to the cashflow formula.Niagara Investor wrote:and lots of screening...are a must...
Steve S.; 13 years in, 50+ doors in 2013
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