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    For Sale - 412 St Paul Street, St. Catharines, Ontario

    Est payment $2,401/mo
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    Views   2
    Time on Jump  68 day

    AI Summary *

    • Mixed-use property with four residential units and a 3,000 sq. ft. commercial space.
    • Residential units generate approximately $7,700 monthly rental income.
    • Commercial area offers flexibility for various business uses.
    • Recent $60,000 investment in key building improvements and upgrades.
    • Located in a high-traffic area with strong long-term growth potential.




    Exceptional mixed-use investment opportunity in the heart of downtown st. Catharines. This property features four residential units along with an approximately 3,000 sq. Ft. Commercial space offering tremendous potential for investors, renovators, contractors, or entrepreneurs looking to add value and maximize returns. The residential component currently generates approximately $7,700 per month in rental income, including a spacious lower-level 4-bedroom unit with 2 bathrooms, large kitchen, and open living area, plus three upper units consisting of one bachelor apartment and two separate 3-bedroom suites. The commercial portion is currently an open shell, providing a blank canvas for a variety of future uses including restaurant, retail, office, studio, medical, or professional space. Zoned c6 - commercial downtown mixed use, the property permits a wide variety of uses including retail, restaurant, personal service businesses, and more, making this an ideal opportunity for both investors and owner-operators. Located in a high-traffic downtown corridor surrounded by ongoing development and amenities, this property offers strong long-term upside potential. Over $60,000 has recently been invested into key building improvements, including new water lines, new electrical power service, repairs to the flat roof, and the installation of fire-rated doors. Additional updates include a brand new 200-amp electrical service and furnaces approximately 5 years old. Vacant possession may be available, allowing buyers the flexibility to renovate, upgrade, and reposition the property to achieve higher market rents and increased value. An independent third-party appraisal completed approximately 5 months ago estimated the property value at $615,000, making this an exceptional opportunity at the current asking price. Offered sold as-is where-is, this property presents outstanding upside potential for the right buyer looking to capitalize on a rapidly growing downtown market.
    Listing IDX13144984
    Address412 St Paul Street
    CitySt. Catharines, Ontario
    Price$499,999
    StyleStore W Apt/Office
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Store W Apt/OfficeBasement 1Heating / Cooling Electric Forced Air

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    Listing Agency:  EXP REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    412 St Paul Street
    St. Catharines , Ontario
    $499,999
    Get more info