13-15 SECORD DRIVE, St. Catharines (Lakeport)

$1,768,500

For sale: Other

Other at 13-15 SECORD DRIVE, St. Catharines (Lakeport)
Property type
Investment
Bedrooms / bathrooms
8 bathrooms
MLS®
MLS® X13841062
Neighbourhood
443 - Lakeport

Investment Opportunity! Exceptional mixed-use commercial building situated along one of St. Catharines' most sought-after business corridors. Offering approximately 6,800 sq. ft. of well-maintained space, this income-producing property presents an outstanding opportunity for investors seeking stable cash flow and long-term appreciation. This two-storey building offers a versatile layout featuring multiple private offices, eight bathrooms, kitchenettes, storage and two spacious warehouse areas with 10' x 10' shipping doors, accommodating a variety of commercial tenants and business operations. A standout feature is the beautifully renovated (2018) second-floor residential apartment, complete with 1 bedroom, 2 bathrooms, in-suite laundry, ample storage, and a dependable long-term tenant, providing an additional diversified income stream. Situated on a good size lot with ample on-site parking, the property benefits from outstanding visibility, strong street presence and convenient access to the QEW, ensuring seamless connectivity for employees, customers, and deliveries. Additional features include forced-air gas heating and central air conditioning for year-round comfort. Zoned E1 - Business Commercial Employment, this property permits a broad range of uses including office, retail, restaurant, light industrial, residential, recreational facilities, animal care services, and many other commercial applications. This is a rare opportunity to acquire a high-visibility, investment property with a 6% cap rate, in a prime commercial location with excellent tenant appeal, flexible zoning, and strong long-term income potential.

Sold data

Homes in Lakeport — recent sold market

Homes in Lakeport took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 70, across 31 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.

The median sale price was $575,000.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$575,000
Sale-to-list ratio
96.9%
Sold above asking
6%

Based on 31 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in St. Catharines (Lakeport)

St. Catharines (Lakeport) has 47 Fraser Institute–rated schools (38 elementary and 9 secondary), averaging 7.3/10.

Rated schools
47
Elementary
38
Secondary
9
Average rating
7.3 / 10

Top-rated schools in St. Catharines (Lakeport)

  • Applewood — elementary, St. CatharinesFraser rating 10.0/10
  • Gracefield — elementary, St. CatharinesFraser rating 10.0/10
  • Burleigh Hill — elementary, St. CatharinesFraser rating 9.9/10
  • Oakridge — elementary, St. CatharinesFraser rating 9.6/10
  • Power Glen — elementary, St. CatharinesFraser rating 9.5/10
  • Westdale — elementary, St. CatharinesFraser rating 9.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 13-15 SECORD DRIVE