St. Catharines, 451 - Downtown, L2R 1X5
$429,900
Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE.
Excellent starter home in a family friendly neighbourhood. This 2 bed 1 bath is a great opportunity for a first time buyer or as an investment. Close to various amenities, including grocery stores, banks, and easy access to the nearby QEW and Lake street. Whether you're a first-time buyer or looking for an investment opportunity, this home checks all the boxes. Don't miss out schedule a viewing today! *Long term value potential- Former GM location is in the planning stages of redevelopment. In 2022 the city of St. Catharines approved the rezoning of the former GM lot from industrial to mixed use. The former GM lot is currently undergoing a "detailed plan analysis" as well as "Community Visioning and land use concepts stages." Final development drafts are scheduled for Q1 2025 making this neighbourhood a key area for long term real estate holding. Further details can be found at the city of St. Catherines web site.
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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.