Unlock the potential of this exceptional infill development site at 42 St. Paul Street West, ideally located just minutes from Downtown St. Catharines, the GO Station, Ridley College, Ridley Heights, and the Marotta Family Hospital. This vacant 53' x 179' (approx.) lot is zoned M1 and presents an outstanding opportunity for developers and investors looking to capitalize on the growing demand for quality rental housing. The property includes an approved design concept for a 3-storey, 8 unit apartment building, featuring eight spacious 2-bedroom, 1-bathroom suites. The proposed scale offers an achievable and cost-effective development opportunity, making it well suited for small to mid-sized developers seeking a manageable project in a strong rental market. Site Plan, Grading and Servicing Plan and Planning Report available for review. Its central location provides residents with convenient access to public transit, major employment centres, schools, healthcare, shopping, restaurants, and recreational amenities, making it an attractive location for long-term tenants. Whether you're expanding your development portfolio or seeking your next purpose-built rental project, this property offers the ideal combination of location, zoning, and development potential in one of Niagara's fastest-growing urban markets. (id:66096)
Property Details
MLS®
X13587176
Property Type
Vacant Land
Zoning
M1
Bathrooms
0
Lot Size
53 × 179 ft (9,595 sq ft)
Frontage
54 ft
Property Tax
$5,182.36/yr
Listed
106 days ago
Services
Utilities
Sewer, Electricity, Cable
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
106d
St. Catharines (Ridley) listings, avg age
61d
List price
$599K
Long Listed: 106 days on market, against an average age of 61 days across the listings currently for sale in this city
Market timing · days on market0 → 61d avg age of current listings
Long Listed · day 106
Haho
This vacant land in St. Catharines (Ridley) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (L2S)
This home lists at $599,000, about 7.3× the local median household income of $82,000.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.
Median household income
$82,000
Population
19,400
Median age
42
Owner / renter
73% / 27%
Avg. household size
2.5
Source: Statistics Canada, 2021 Census (FSA L2S)
$599,000
For sale
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