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Last Updated : 59 Days ago
310 St. Paul Street, St. Catharines, ON,
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310 St. Paul Street, St. Catharines MLS Number: 40628343

St. Catharines, Niagara, ON, L2R 3M9

$1,200,000

Status: For Sale

  • Area : 8482.78 sqft
  • Property Type: Commercial Sale (Mixed,Building and Land)
  • Property Taxes : $12993.3 (Tax Year:2024)
  • Listing Courtesy : Royal Lepage Nrc Realty

310 St. Paul Street Property Description

TREMENDOUS INVESTMENT OPPORTUNITY: ATTRACTIVE VTB MORTGAGE AT 8% FOR UP TO TWO YEARS WITH 300,000 DOWN PAYMENT. ALSO THE INSURANCE IS ALREADY IN PLACE FOR THE NEW OWNER WITH A QUICK ASSIGNMENT. Potential income:Existing tenant commercial $1,510/mo or $18,120 per year (net rent)New Tenant for restaurant $4,000/mo or $48,000 per year (net rent)New residential tenants (4) $8,000/mo or $96,000 per year (after renovations) grossTOTAL POTENTIAL RENT $13,510/MO OR $162,000 PER YEAR AFTER RENOVATIONSIn the vibrant heart of Downtown St. Catharines, THIS PRIME PROPERTY OFFERS AN EXCEPTIONAL INVESTMENT OPPORTUNITY. It features two commercial units on the ground floor, including a thriving restaurant and bar (estimated value over $200,000) with two upper-level apartments, each unit is equipped with its own gas furnace and separate hydro meters. The property also includes a full basement. 12' Restaurant ceiling, Roof restored, Residential flat roofing – 2010. All municipal services, ensuring convenience for both owners and tenants. While the apartments need updating and conversion costs to return to four units, the property’s strategic location ensures high visibility and accessibility, with parking at the rear for 10 vehicles and the potential to add more apartment units, this mixed-use property is poised for significant value appreciation and long-term profitability. DON’T MISS THE CHANCE TO INVEST IN A CORNERSTONE OF ONE OF NIAGARA’S MOST DYNAMIC MARKETS.

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310 St. Paul Street Property Facts

Property Type :Commercial Sale
MLS Number :40628343
Listing Type :Sale
Possession Date :
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Last Updated :26 Sep, 2024 (59 Days ago)
Source :Niagara
Area :Niagara
City :St. Catharines
Area Major :St. Catharines
Area Minor :451 - Downtown
Postal Code : L2R 3M9
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Directions :310 St. Paul Street. St. Catharines, Ontario

310 St. Paul Street Property Price & Tax Insights

Price : $1,200,000
Property Taxes :$12993.3
Tax Year :2024

310 St. Paul Street, St. Catharines Property Details

Place of Worship :No
Approx Square Footage :8482.78 sqft

310 St. Paul Street, St. Catharines - Price History

2024-09

26 Sep, 2024

TREB #40628343

Listed

$1200000

  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+

310 St. Paul Street - Location Map and Landmarks

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FAQs: 310 St. Paul Street, St. Catharines

  • Q:What is the Area Size of the 310 St. Paul Street In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 8482.78 sq. ft and is strategically located in Niagara. The MLS No of this project is 40628343 and the Project is located in ON, Canada
  • Q: Does this Project 310 St. Paul Street available for Sale ?

    A: The project 310 St. Paul Street is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 310 St. Paul Street is Offering?

    A:Square Yards is giving a Cashback of $6,000 if you buy this property from us, however there are several key features offered by the 310 St. Paul Street. You get 0+ Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 310 St. Paul Street, Niagara?

    A: 310 St. Paul Street, Niagara comes with 0+ Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Niagara, On?

    A:Niagara, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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