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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,200,000
Available - For Sale
Listing ID: X8104988
Capitalize on this prime location and versatile property at 74-76 St. Paul St in downtown St. Catharines! This unique mixed-use building currently has 4 residential units but offers C6 zoning, allowing for a seamless transition to a commercial space if desired. All 4 units are leased, ensuring immediate income. Untapped potential in the approx 1500sqft unfinished basement! Substantial parking advantage with a lot at the rear off of David S. Howes Way, for 6 parking spaces - a coveted commodity in the downtown area. Location is key, and this building has it all. Nestled against the Meridian Centre, the property enjoys a dynamic atmosphere. The strategic positioning on an easy bus route for Brock U and Niagara College students further enhances its desirability. With approx $71,256.00 annual current rental income, potential for commercial conversion, ample parking, and proximity to entertainment and education hubs, this property boasts a myriad of possibilities for the astute investor.
Extras:   Notes: Grandfathered privileges permit residential use on the main floor, so property taxes are lower than typical commercial space! Front & Upper windows (2023), 400amp breaker (each unit has 100amp panel).
Price $1,200,000
Taxes: $4,500
Assessment: $276000
Assessment Year: 2024
Address: 74-76 St Paul St East , St. Catharines, L2R 3M2, Ontario
Lot Size: 30 x 165 (Feet)
Acreage: < .50
Directions/Cross Streets: St Paul-Ontario
Rooms: 16
Bedrooms: 8
Washrooms: 6
Kitchens: 4
Family Room: N
Basement: Full
Unfinished
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  2 Main
Washroom 3:  4 Upper
Property Type: Fourplex
Style: 2-Storey
Exterior: Concrete
Other
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 6
Pool: None
Approximatly Age: 51-99
Property Features: Arts Centre
Golf
Library
Park
Public Transit
School
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Sewers: Sewers
Water: Municipal
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ROYAL LEPAGE NRC REALTY

74-76 St Paul St East , St. Catharines, L2R 3M2, Ontario

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Maria Tompson
Sales Representative
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Fourplex
Area: Niagara
Municipality: St. Catharines
Neighbourhood:
Style: 2-Storey
Lot Size: 30.00 x 165.00(Feet)
Approximate Age: 51-99
Tax: $4,500
Maintenance Fee: $0
Beds: 8
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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