Century 21 People’s Choice Realty Inc., Brokerage
120 MATHESON BLVD E #103
MISSISSAUGA, Ontario
L4Z 1X1
St. Catharines, Downtown, L2R 4H4
$839,000
Listed by ROYAL LEPAGE NRC REALTY.
Discover an exciting pre-construction opportunity in the heart of downtown St. Catharines! With mixed-use zoning, this property offers exceptional flexibility for the new owner! The current design plan features modern, state-of-the-art construction with a commercial space on the main level and two luxury apartments on the second level. However, it can easily be converted into a 4-plex, giving future owners the option to customize the space to suit their needs. With city permits already in place, you're ready to start the project right away. Architectural drawings, a current survey, and a completed servicing report are all included. Originally built in 1910, the property currently serves as a 2-storey home with 3 bedrooms, 2 bathrooms, a living room, kitchen, dining room, an unfinished basement for ample storage, and 2 parking spots. The home features a waste stack replaced in 2022, a furnace installed in 2000, an A/C serviced in 2023, and a roof that is 10-15 years old. The house is tenanted for 6 months until June 30th at $2100/month, providing rental income while you finalize your plans. This prime location is ideally situated near the Meridian Centre which is home to the IceDogs and River Lions, the FirstOntario Performing Arts Centre, and a myriad of fantastic shops, restaurants, and local boutiques. The location offers excellent connectivity with access to the 406 and QEW, as well as proximity to Brock University and Niagara College, the Go Train, and major shopping areas. Don't miss out on this unique opportunity to invest in the vibrant future of downtown St. Catharines!
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100
St. Catharines, Glendale/Glenridge, L2T 3H2