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$1,625,000
Status: For Sale
±0.585 Acres Re-Development Opportunity in Downtown St. Catharines. Two parcels with plans fully supported by the City of St. Catharines for a 6-Storey, 25-Unit Upscale Condominium building comprised of 1 & 2 bedroom units with 29 parking spaces. Zoned M1 - Medium Density Mixed Use offering many permitted uses including: Apartment Building, Townhouse, Triplex or Fourplex Dwelling, Cultural Facility, Emergency Service Facility, Hospital, Hotel/ Motel, Long Term Care Facility, Office, Ground Floor Retail, & more. Seller will provide the City of St. Catharines Pre-consultation letter and concept drawings. Site may qualify for 50% to 100% Regional reduction fee if Regional requirements are met in accordance with Regional guidelines. One block from the new GO Station on Great Western Street, a short distance to the new hospital & Fourth Avenue shopping corridor, HWY 406 & QEW highway access & a short walk over the Burgoyne Bridge into Downtown St. Catharines. Value in land only - residential building to be removed at Buyer's expense.
| Property Type | :Commercial Sale |
|---|---|
| MLS Number | :40531255 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :26 Sep, 2024 (40 Days ago) |
| Source | :Niagara |
| Area | :Niagara |
|---|---|
| City | :St. Catharines |
| Area Major | :St. Catharines |
| Area Minor | :459 - Ridley |
| Postal Code | :
L2S 2C7
|
| Directions | :Hwy 406 to Fourth Avenue Exit. Head SE on Fourth Avenue, South on Louth St, east on St. Paul St. W. - on north side of St. Paul St. W. between Great Western St. & Dexter St. |
| Price | : $1,625,000 |
|---|---|
| Property Taxes | :$6309.1 |
| Tax Year | :2023 |
|---|
| Bedrooms | :0 + |
|---|---|
| Place of Worship | :No |
| Cross Street | :St. Paul Crescent |
| Approx Square Footage | :76 sqft |
|---|---|
| Virtual Tour | :Virtual Tour (External Link) |
| Basement | :Partial |
|---|
22 Jan, 2024
TREB #40531255
Listed
$1625000
