451 Vansickle Road, St. Catharines (Ridley), Ontario, L2S4C2




$5,125,000
St. Catharines
This lot in St. Catharines is for sale.
VENDOR TAKE BACK FINANCING may be available. The Vendor has indicated a willingness to consider meaningful vendor take-back financing for a financially qualified purchaser, subject to mutually acceptable terms and conditions. RARE COMMERCIAL LAND DEVELOPMENT OPPORTUNITY located along the Fourth Avenue commercial corridor. A corner lot with 400 feet frontage along Fourth and offers easy access toHighway #406. This property is in close proximity to Smart Centres, the Fourth Avenue West Shopping Centre, Marotta Family Hospital, First onFourth Condominiums and many retail and service commercial enterprises. West St. Catharines is undergoing significant transformation withdevelopments zoned for high-intensity; mixed use and long term care development considerations, as well as, residential projects. There is astrong push for residential intensification and mixed use developments in this area which will only make ownership of this property moreattractive. Have a look at the attached brochure which provides an excerpt of permitted uses within the C4-Major Commercial Zone. This is anopportunity worth considering whether for immediate or short term development, or as a longer term land holding for investment purposes. FIRST MORTGAGE financing may be available for a portion of the purchase price at a commercially competitive interest rate and for a mutually agreed term. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 264 days on market, against an average age of 61 days across the listings currently for sale in this city
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
This home lists at $5,125,000, about 62.5× the local median household income of $82,000.
Carrying it typically needs a household income of about $1,001,092 (20% down, 25-yr amortization, stress-tested) — roughly 1121% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2S)
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