Prime mixed-use investment opportunity in the heart of downtown St. Catharines. The property features 2 ground-floor commercial units with excellent street exposure and 13 residential apartments above. Well maintained and income-producing, the building offers stable cash flow with upside potential through rental growth and future appreciation. Located along St. Catharines' main commercial corridor, directly across from the FirstOntario Performing Arts Centre, and surrounded by restaurants, cafés, shops, and new residential developments. Steps to the Meridian Centre, Brock University's downtown campus, transit, and public parking. Offered at just over a 6% cap rate, this is a turn-key investment in one of Niagara's most active and rapidly growing downtown markets.
Address
233-239 St. Paul Street
List Price
$3,999,990
MLS® Status
New
Expiration Date
2026-04-30
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
St. Catharines
Sub-Area
451 - Downtown
Region
Niagara
Lot Depth
90.5
Lot Type
Lot
Lot Size Units
Feet
Lot Width
59
Total Building Area
11155
Occupant Type
Tenant
Cross Street
St. Paul St & Garden Park
MLS® Number
X12484265
Listing Brokerage
Sotheby's International Realty Canada, Brokerage
Postal Code
L2S 2E3
Posession Details
Flexible
Tax Amount
$46,555.00
Tax Year
2025
Standard Status
Active
Board Or Association
Oakville, Milton & District Real Estate Board
Heat Type
Baseboard
Cooling Features
Yes
Garage Type
None
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