$999,000
For sale: Detached

**Prime Development Opportunity - Exceptional Investment Potential**Rare opportunity to acquire a strategically located development property with significant upside potential. This site offers the possibility to develop approximately **4 to 6 townhouse units** (subject to municipal approvals and due diligence), making it an ideal project for builders, developers, and investors seeking to capitalize on the growing demand for quality residential housing.The property features a desirable location with convenient access to schools, shopping, parks, major transportation routes, and community amenities. Its configuration and size provide excellent flexibility for a townhouse development while maximizing land utilization and future value.Whether you're looking to expand your development portfolio or undertake your next residential project, this property presents an outstanding opportunity to create modern, high-demand housing in a sought-after area. Opportunities of this nature are increasingly difficult to find-don't miss your chance to secure a promising development site with substantial future potential. (The existing property is being sold in "as is, where is" condition, with no representations or warranties by the Seller.)
Sold data
Detached homes in St. Catharines (Oakdale) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 41, across 280 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.
The median sale price was $599,900.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 280 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
St. Catharines (Oakdale) has 47 Fraser Institute–rated schools (38 elementary and 9 secondary), averaging 7.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
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