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233-239 ST. PAUL STREET St. Catharines (downtown), ON L2S2E3
11,155 SqFt
UPDATED:
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
State 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
Listed by Sotheby's International Realty Canada, Brokerage