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$ 1,625,000
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76 SqFt
$ 1,625,000
Est. payment | /mo
76 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 76 sqft
Price per Sqft $21,381
MLS Listing ID X9411101
Annual Tax Amount $6,309
Tax Year 2023
Lot Size 0.500 Acres
Property Description
±0.585 Acres Re-Development Opportunity in Downtown St. Catharines. Two parcels with plans fully supported by the City of St. Catharines for a 6-Storey, 25-Unit Upscale Condominium building comprised of 1 & 2 bedroom units with 29 parking spaces. Zoned M1 - Medium Density Mixed Use offering many permitted uses including: Apartment Building, Townhouse, Triplex or Fourplex Dwelling, Cultural Facility, Emergency Service Facility, Hospital, Hotel/ Motel, Long Term Care Facility, Office, Ground Floor Retail, & more. Seller will provide the City of St. Catharines Pre-consultation letter and concept drawings. Site may qualify for 50% to 100% Regional reduction fee if Regional requirements are met in accordance with Regional guidelines. One block from the new GO Station on Great Western Street, a short distance to the new hospital & Fourth Avenue shopping corridor, HWY 406 & QEW highway access & a short walk over the Burgoyne Bridge into Downtown St. Catharines. Value in land only - residential building to be removed at Buyer's expense.
Location
Province ON
County Niagara
Zoning M1
Rooms
Basement Partial Basement
Kitchen 0
Interior
Cooling Unknown
Exterior
Pool None
Community Features Public Transit
Utilities Available Unknown
Roof Type Unknown
Parking Type Unknown
Building
Lot Description Irregular Lot
Others
Security Features Unknown
Listed by COLLIERS INTERNATIONAL NIAGARA LTD.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN