3 Church St - Apartments FOR SALE


St Catharines, ON L2R 3B1- Downtown St Catharines
$4,398,888 CAD
905-290-6777
3 Church St, St Catharines, ON for Sale
$4,398,888 CAD
Apartments - FOR SALE
1/23
null | 4.45% Cap Rate

3 Church St
St Catharines, ON L2R 3B1
Downtown St Catharines


HIGHLIGHTS

  • Downtown location with lots of local amenities
  • Easy access to 406 and QEW
  • 14 of the 21 units are already renovated with below market rents
  • Located in St. Catharines’ walkable downtown district, near shopping, restaurants, and cultural amenities.
  • Unit sizes range approximately 400 to 800 SF, balancing livability and affordability.

OVERVIEW

45-47 William Street offers a rare multi-unit residential property in St. Catharines’ vibrant core. This historic building, constructed in 1922, spans three stories and houses 21 thoughtfully planned apartment units with layouts ranging from studio configurations to two-bedroom suites. The units feature functional floor plans ranging from approximately 400 to 800 square feet, designed to appeal to a diverse tenant base. The property’s coveted location in the central district ensures residents are within walking distance of numerous amenities, including retail shops, dining establishments, and major transit lines. Proximity to Brock University, Niagara College, and the GO Transit station further enhances its appeal to students and professionals. With easy access to Highway 406 and the QEW, the building is well-positioned for connectivity to the Greater Niagara and GTA corridors. As a long-standing address with heritage charm, this property offers reliable tenancy performance and clear potential for modernization strategies that could elevate rental value while maintaining its historic character.

FOR SALE DETAILS

PRICE

$4,398,888 CAD

PRICE/SF

$169 CAD /SF

# OF UNITS

21

PRICE/UNIT

$209,471

CAP RATE

4.45%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1922

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,891 SF

ZONING

Multifamily Residential

APN/PARCEL ID

262904000606700

ASK ABOUT THIS PROPERTY

Addy SaeedRe/max Gold Realty Inc., BrokerageMore Info
905-290-6777

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Addy SaeedRe/max Gold Realty Inc., BrokerageMore Info
905-290-6777

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