Overview

This retail property in St. Catharines is for sale offering roughly 3,260 sq ft of space.

Retail Space for Sale in St. Catharines →All real estate in St. Catharines →

Description

Discover a unique investment opportunity with this mix of commercial and residential income. Bright and spacious retail area offering opportunities for a large variety of business with this location's flexible zoning. Three residential apartments and partial renovations completed on a fourth unit. This property provides multiple income streams in a prime location. (id:66096)

Property Details

MLS®: X13072230
Property Type: Retail
Zoning: M1
Parking: 6
Interior Size: 3,260 ft²
Lot Size: 40 × 92 ft (3,680 sq ft)
Frontage: 40 ft
Heating: Radiant heat
Cooling: None
Property Tax: $8,710.51/yr
Listed: 187 days ago

Market Timing

Days on market

187d

St. Catharines (Downtown) listings, avg age

71d

Price / ft²

$178

List price

$580K

Haho

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Area context

Neighbourhood profile (L2R)

This home lists at $579,900, about 9.5× the local median household income of $61,200.

Carrying it typically needs a household income of about $113,275 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.

Median household income: $61,200
Population: 25,558
Median age: 40.4
Owner / renter: 50% / 50%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA L2R)

$579,900· $178/ft²

For sale

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Financing

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94 Lake Street, St. Catharines (Downtown) - Retail for Sale

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Neighbourhood profile (L2R)

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