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249-253 CHURCH Street, ST. CATHARINES
2026-02-18
Quick Summary
- Location
- 249-253 CHURCH Street, ST. CATHARINES, Ontario L2R3E8
- Price
- $774,900
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 4369 sqft
MLS®#40804748
Property Description
This mixed-use property presents a compelling value-add investment opportunity in the heart of central St. Catharines, featuring four 2-bedroom residential units and one ground-floor commercial space. With strong in-place residential income and a currently vacant commercial unit, investors have immediate upside potential through lease-up, repositioning, or rental optimization. Positioned in a rapidly evolving downtown corridor, this asset offers both stable cash flow and long-term appreciation in a high-growth urban market. The residential units are well-configured and separately equipped with their own furnace, HVAC system, and hydro meter, minimizing operating expenses and simplifying management. A coin-operated laundry area at the rear of the building provides additional income and convenience for tenants. Current gross monthly income totals $5,729 ($68,748 annually), with further revenue potential available through leasing the vacant commercial unit and future rent growth. Located in a downtown neighbourhood undergoing significant revitalization, the area has seen over $200 million in recent investment, including the redevelopment of the former 11-acre hospital site into new residential communities. With continued infrastructure improvements and residential expansion underway, this corridor is positioned for meaningful transformation. An ideal opportunity for investors seeking a strategic acquisition with immediate income, commercial upside, and long-term growth. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit
Building
- Appliances: Window Coverings
- Basement Development: Unfinished
- Basement Type: Full (Unfinished)
- Cooling Type: None
- Exterior Finish: Aluminum siding, Brick
- Fireplace: No
- Interior Size: 4369 sqft
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Laundry- Coin operated
Land
- Land Size: under 1/2 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Zoning
- Description: M1, M3
Information entered by eXp Realty
Listing information last updated on: 2026-06-02 16:56:05
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$500,000
Your One Percent Realty Commission savings†
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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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