233-239 St Paul St - Multi-Family FOR SALE


St Catharines, ON L2R 3M6- Downtown St Catharines
$3,999,900 CAD
416-455-8334
233-239 St Paul St, St Catharines, ON for Sale
$3,999,900 CAD
Multi-Family - FOR SALE
1/21
null | 6.2% Cap Rate

233-239 St Paul St
St Catharines, ON L2R 3M6
Downtown St Catharines


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,999,900 CAD

PRICE/SF

$299 CAD /SF

# OF UNITS

15

PRICE/UNIT

$266,660

CAP RATE

6.2%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1850

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C6

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Len QuattrociocchiSotheby's International RealtyMore Info
416-455-8334

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Len QuattrociocchiSotheby's International RealtyMore Info
416-455-8334

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.