233-239 ST. PAUL STREET new

St. Catharines (downtown),ON L2S2E3

$ 3999990

- Bed

- Bath

11155 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,155 sqft

Price per Sqft $358

Subdivision 451 - Downtown

MLS Listing ID X12484265

Source The Oakville, Milton & District Real Estate Board

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters,Forced air,Other

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No

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