233-239 St. Paul Street, St. Catharines, ON L2S 2E3

St. Catharines L2S 2E3 Ontario

MLS: X12484265

$3,999,990

Added 9 days ago | For Sale

Listed by: Sotheby's International Realty Canada, Brokerage

About Property

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.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 59 X 90.5
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:St. Paul St & Garden Park
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $46555
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Baseboard
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12484265

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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