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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 451 - Downtown
MLS Listing ID X12484265
Annual Tax Amount $46,555
Tax Year 2025
Property Sub-Type Investment
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
Community 451 - Downtown
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 59.0
Lot Depth 90.5
Others
ParcelsYN No
Listed by Sotheby's International Realty Canada, Brokerage
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