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Royal LePage
Royal LePage
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$3,999,990

St. Catharines ON, L2S 2E3

MLS® # 40782056

Property Information:

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.

Inclusions: Other

Building Features:

  • Floor Space: 11155 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Construction Materials: Brick, Stone, Other
  • Cooling: Central Air, Wall Unit(s)
  • Driveway Parking: None
  • Floor Space (approx): 11155 Square Feet
  • Heating: Baseboard, Forced Air, Natural Gas, Heat Pump
  • Interior Features: Separate Hydro Meters, Other
  • Laundry Features: Coin Operated, Common Area
  • Lot Depth: 90.5 Feet
  • Lot Features: City Lot, High Traffic Area, Highway Access, Public Parking, Public Transit, Schools, Shopping Nearby, Visual Exposure
  • Lot Frontage: 59.00 Feet
  • Roof: Asphalt Shing, Flat, Other
  • Water Source: Municipal
  • Zoning: C6
  • Sewer: Sewer (Municipal)

Courtesy of: Sotheby's International Realty Canada

This listing content provided by Brokers PlaybookTM

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⚠ Potential Investment Performance

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

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

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$90,650.23

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.74 %

High school certificate or equivalent

33.22 %

Apprenticeship trade certificate/diploma

4.79 %

College/non-university certificate

20.39 %

University certificate (below bachelor)

1.18 %

University Degree

25.68 %

Commuter

Travel To Work

By Car

75.22 %

By Public Transit

4.05 %

By Walking

14.96 %

By Bicycle

0.0 %

By Other Methods

5.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

62.28 %

Houses

37.72 %

Own Vs. Rent

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