TREMENDOUS INVESTMENT OPPORTUNITY: Attractive VTB mortgage at 5.5% for up to two years with a $300,000 down payment. Insurance is already in place and can be quickly assigned to the new owner for a smooth transition. Located in the heart of Downtown St. Catharines, this prime mixed-use property features two ground-floor commercial units, including a thriving restaurant and bar, plus four upper-level residential apartments with separate utilities. The property is eligible for the St. Catharines Downtown Forgivable Loan Program (DFLP), offering up to $100,000 in interest-free funding (plus $50,000 for barrier-free units) to help convert or enhance residential spaces. With 12 parking spaces, a full basement, and a high-visibility location, this property offers strong income potential, redevelopment incentives, and exceptional long-term value in one of Niagaras most dynamic downtown markets. (id:60490)
MLS® Number | X12458193 |
Property Type | Retail |
Community Name | 451 - Downtown |
AmenitiesNearBy | Highway, Public Transit |
ParkingSpaceTotal | 12 |
BathroomTotal | 4 |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeExterior | 8482.78 Sqft |
SizeInterior | 8483 Sqft |
Type | Residential Commercial Mix |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Highway, Public Transit |
Sewer | Sanitary Sewer |
SizeDepth | 198 Ft ,2 In |
SizeFrontage | 37 Ft ,6 In |
SizeIrregular | Bldg=37.5 X 198.24 Ft |
SizeTotalText | Bldg=37.5 X 198.24 Ft |
ZoningDescription | C6 |
https://www.realtor.ca/real-estate/28980639/310-st-paul-street-st-catharines-downtown-451-downtown
(905) 688-4561
www.nrcrealty.ca/
(905) 688-4561
www.nrcrealty.ca/