2 Tremont Drive, St. Catharines, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of 461 - Glendale/Glenridge. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $200,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 1 Bathroom
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Newer UPS Store Franchise, only 2.5 Years in Operation run by proud and hardworking owners that take great care of customers. The store has lots of potentials To Develop Business. It is in a spectacular and Busy Traffic Area that is highly sought after in St Catharines. The shopping area has Walmart, banks, cinemas and restaurants with heavy footfall. The location could not be better in the city for this business. Excellent sized store includes services for Shipping, Packaging, Notary, Shredding, Printing, Wide Format Printing, Lamination, Book Binding, T Shirt Printing via 3rd party, Fax and 116 Mailboxes. Rent with TMI & HST is low at 3923.21/Month. The lease has a 10-yr term to 2033 with further option to renew. There is tremendous potential to increase Revenue via income options and natural revenue growth as the store continues to establishes itself. There are some opportunities to reduce costs. The owner can explain better. Based on the record provided by seller, total annual revenue 115,000 and gross profit is 63%. For details, please sign NDA. The store has one of the highest google review ratings in the network. This business opportunity is ideal for someone who wants to own a strong brand franchise however wants to avoid the initial effort & capital of building the business as this UPS store is ready for take off!
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Property Summary
This sale of business located at 2 Tremont Drive, St. Catharines is currently for sale and has been available on SousaSells for 168 days. This property is listed at $200,000 with an estimated mortgage of $666* per month. It has 0 beds, 1 bathroom, and is unknown square feet. 2 Tremont Drive, St. Catharines is in the 461 - Glendale/Glenridge neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2 Tremont Drive F03, St. Catharines, ON L2T 3B2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in St. Catharines, ON
For a property listed at $200,000 in St. Catharines, the legal minimum down payment is $10,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,725 for this transaction. As this listing is in St. Catharines (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,725.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.