233-239 St. Paul Street new Save Request In-Person Tour Request Virtual Tour
St. Catharines,ON L2S 2E3
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,155 sqft
Price per Sqft $358
MLS Listing ID 40782056
Annual Tax Amount $46,555
Property Sub-Type Multi Family
Property Description
Prime mixed-use investment opportunity in the heart of downtown St. Catharines. The property features 2 ground-floor commercial units with excellent street exposure and 13 residential apartments above. Well maintained and income-producing, the building offers stable cash flow with upside potential through rental growth and future appreciation. Located along St. Catharines' main commercial corridor, directly across from the FirstOntario Performing Arts Centre, and surrounded by restaurants, cafés, shops, and new residential developments. Steps to the Meridian Centre, Brock University's downtown campus, transit, and public parking. Offered at just over a 6% cap rate, this is a turn-key investment in one of Niagara's most active and rapidly growing downtown markets.
Location
Province ON
County Niagara
Area St. Catharines
Zoning C6
Rooms
Kitchen 0
Interior
Heating Baseboard,Forced Air,Natural Gas,Heat Pump
Cooling Central Air,Wall Unit(s)
Laundry Coin Operated,Common Area
Exterior
Roof Type Asphalt Shing,Flat,Other
Building
Lot Description City Lot,High Traffic Area,Highway Access,Public Parking,Public Transit,Schools,Shopping Nearby,Visual Exposure
Story 2
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick,Stone,Other
New Construction No