233-239 St. Paul Street, St. Catharines, Ontario L2S 2E3

Listed for:
$3,999,990
0 beds
0 baths
Listed 23 days ago
Multi-Family for rent: 233-239 St. Paul Street, St. Catharines, Ontario L2S 2E3

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Learn more about this property
Listing provided by:
Sotheby's International Realty Canada, Brokerage
MLS® number:
X12484265
Agent:
Len Quattrociocchi
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About

Cross Streets: St. Paul St & Garden Park. ** Directions: St. Paul Street between Carlisle St. and William St., directly across from the Performing Arts Centre. 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:27476)

Property Highlights

MLS® Number
X12484265
Type
Multi-family
Community Name
451 - Downtown
Land Size
59 x 90.5 FT

Building

Building Type
Multi-Family
Square Footage
11155 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters, Forced air, Other
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location