Description

Prime 4.48 Acre ($649,000 per Acre), urban (Zoned E2) General Employment & Industrial Land located in the heart of City of St. Catharines, within the Go Station Secondary Plan. Minutes to QEW, HWY 406, Downtown, Hospital, Major Retail Plazas, Niagara Falls, US borders etc. The site is designated within the St. Catharines official plan as General Employment and benefits from an existing Zoning By-Law designation which permits both General Industrial and various other Industrial uses concurrently. See attachment for permitted uses. Currently Two phases of development site plan for public storage facilities are submitted to the city for approvals and it is principally accepted. VTB possible. (id:66096)

Market Timing

Days on market

35d

St. Catharines (Ridley) listings, avg age

61d

List price

$2.50M

Haho

This vacant land in St. Catharines (Ridley) has been listed for 35 days, which is 26 days fresher than the city average of 61. Act while there is still low competition.

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Area context

Neighbourhood profile (L2S)

This home lists at $2,499,000, about 30.5× the local median household income of $82,000.

Carrying it typically needs a household income of about $488,142 (20% down, 25-yr amortization, stress-tested) — roughly 495% 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)

$2,499,000

For sale

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Financing

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80 Ridley Road, St. Catharines (Ridley) - Vacant Land for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L2S)

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