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90-92 St. Paul St W
0.58 Acres of Commercial Land Offered at $1,625,000 CAD 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 | $1,625,000 CAD | 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 | $1,625,000 CAD |
| 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 | $1,625,000 CAD | Lot Size | 0.58 AC |
| Price Per AC | $2,801,724 CAD |
| Price | $1,625,000 CAD |
| Price Per AC | $2,801,724 CAD |
| 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) |
Presented by
90-92 St. Paul St W
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