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$ 1,625,000
Est. payment | /mo
$ 1,625,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID X8014232
Annual Tax Amount $6,309
Tax Year 2023
Property Description
0.585 acres re-development opportunity, Downtown St. Catharines. Two parcels w/plans fully supported by City of St. Catharines for 6 storey, 25-unit upscale condominium bldg. comrprised of 1 & 2 bedroom units w/29 parking spaces. Xoned M1 - Medium-density mixed-use offering many permitted uses incl: 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 Ciry of St.Catharines pre-consultation letter & concept drawings. Site may qualify for 50% - 100% Regional reduction fee if Regional requirements are met in accordance w/Regional guidelines. One block from new GO station on Great Western Street, a short distance to 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 bldg. to be removed at Buyer's expense.
Location
Province ON
County Niagara
Zoning M1 - Medium density Mixed use
Interior
Cooling No
Exterior
Utilities Available Available
Others
Security Features No
Listed by Colliers International Niagara Ltd.