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90-92 St. Paul St W
0.58 Acres of Commercial Land Offered at $1,142,652 USD in St Catharines, ON L2S 2C7
Investment Highlights
- Redevelopment Opportunity
- Seller will provide the City of St. Catharines pre-consultation letter and concept drawing
- Value in land only — Residential building to be removed at Buyer’s expense
- Two parcels with plans fully supported by the City of St. Catharines for a 6-storey, 25-unit upscale condominium building comprised of 1 & 2 bedroom u
- Site may qualify for 50% to 100% Regional reduction fee if Regional requirements are met in accordance with Regional guidelines
Executive Summary
Property Facts Under Contract
Price | $1,142,652 USD | Property Type | Land |
Sale Type | Investment | Property Subtype | Commercial |
Sale Conditions | Redevelopment Project | Proposed Use | Commercial |
No. Lots | 1 | Total Lot Size | 0.58 AC |
Price | $1,142,652 USD |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Commercial |
Total Lot Size | 0.58 AC |
1 Lot Available
Lot
Price | $1,142,652 USD | Lot Size | 0.58 AC |
Price Per AC | $1,970,090 USD |
Price | $1,142,652 USD |
Price Per AC | $1,970,090 USD |
Lot Size | 0.58 AC |
Re-Development Opportunity in Downtown St. Catharines. Two parcels with plans fully supported by the City of St. Catharines for a 6-Storey, 25-Unit Upscale Condominium building comprised of 1 & 2 bedroom units with 29 parking spaces.
Description
±0.585 Acres Re-Development Opportunity in Downtown St. Catharines. Two parcels with plans fully supported by the City of St. Catharines for a 6-Storey, 25-Unit Upscale Condominium building comprised of 1 & 2 bedroom units with 29 parking spaces. Zoned M1 - Medium Density Mixed Use offering many permitted uses including: Apartment Building, Townhouse, Triplex or Fourplex Dwelling, Cultural Facility, Emergency Service Facility, Hospital, Hotel/ Motel, Long Term Care Facility, Office, Ground Floor Retail, & more. Seller will provide the City of St. Catharines Pre-consultation letter and concept drawings. Site may qualify for 50% to 100% Regional reduction fee if Regional requirements are met in accordance with Regional guidelines. One block from the new GO Station on Great Western Street, a short distance to the new hospital & Fourth Avenue shopping corridor, HWY 406 & QEW highway access & a short walk over the Burgoyne Bridge into Downtown St. Catharines. Value in land only - residential building to be removed at Buyer's expense.
zoning
Zoning Code | M1 (Medium Density Mixed Use) |
M1 (Medium Density Mixed Use) |
Learn More About Investing in Land
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90-92 St. Paul St W
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