249 Church Street St. Catharines, ON L2R 3E8
Inscription par:  CREA / Listed By: eXp Realty

  249 Church Street St. Catharines, ON L2R 3E8

En vigueur (192 Jours)
557 061 $ (USD)
4 369
PI. CA.

Description

This mixed-use property presents a compelling value-add investment opportunity in the heart of central St. Catharines, featuring four 2-bedroom residential units and one ground-floor commercial space. With strong in-place residential income and a currently vacant commercial unit, investors have immediate upside potential through lease-up, repositioning, or rental optimization. Positioned in a rapidly evolving downtown corridor, this asset offers both stable cash flow and long-term appreciation in a high-growth urban market. The residential units are well-configured and separately equipped with their own furnace, HVAC system, and hydro meter, minimizing operating expenses and simplifying management. A coin-operated laundry area at the rear of the building provides additional income and convenience for tenants. Current gross monthly income totals $5,729 ($68,748 annually), with further revenue potential available through leasing the vacant commercial unit and future rent growth. Located in a downtown neighbourhood undergoing significant revitalization, the area has seen over $200 million in recent investment, including the redevelopment of the former 11-acre hospital site into new residential communities. With continued infrastructure improvements and residential expansion underway, this corridor is positioned for meaningful transformation. An ideal opportunity for investors seeking a strategic acquisition with immediate income, commercial upside, and long-term growth. (id:41440)

MLS®:
40804748
Les impôts
$10,038
Catégorie
Multifamily
Ville
Regional Municipality of Niagara

Listed By

Jay Shaw, eXp Realty
Source
CREA
Dernière vérification Août 29 2026 à 10:15 AM EDT
Détails sur les salles de bains
Caractéristiques Intérieures
  • Window Coverings
Quartier
  • 450 - E. Chester
Informations sur le lot
  • Laundry- Coin Operated
Chauffage et refroidissement
  • Forced Air
  • Natural Gas
  • None
Informations sur les sous-sols
  • Full
  • Unfinished
Caractéristiques extérieures
  • Brick
  • Aluminum Siding
Informations sur les services publics
  • Sewer: Municipal Sewage System
Stationnement
  • None
Étages
  • 2
Surface Habitable
  • 4,369 pi. ca.

Historique des prix des annonces

Date
Événement
Prix
% Variation en
$ (+/-)
Mai 06, 2026
Prix modifié
774 900 $
-3%
-25 000 $
Alimenté par Walk Score®
Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled
by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 8/29/26 03:15