$1,439,000
For sale: Other

Amazing mix-use investment in the heart of Downtown St. Catherines. This renovated building offers a good running bar business cum restaurant on the main floor and 2 units (1-2 Bed, 1-1 Bed) on the upper floors. All units and the main floor are renovated and an extra space in the basement is available. Excellent high traffic downtown location, and the property produces a great income yearly. Opportunity for investor and end user to acquire a fully rented downtown mix-use commercial building in St.Catherines. Excellent transit accessibility and quick access to highway 406 and QEW. 1 big commercial + 2 residential units + basement. Long commercial lease in place. Excellent rent in place give a great cap rate for the property. Commercial rent to go up in the near future as per the lease. Boosting 2041 sqft of retail plus 877 sqft of two apartments each plus unfinished basement of 877 sqft with 7.7ft height for your usage or for your storage.
Sold data
Homes in St. Catharines (Downtown) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 44, across 404 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $569,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 404 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
St. Catharines (Downtown) 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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