$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 Downtown took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 50, across 34 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $491,500.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
Based on 34 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
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.
Currently for sale

$1,290,000
Other5 COURT STREET, 451 - Downtown, St. Catharines

$1,500,000
Other77 EAST MAIN STREET S, 768 - Welland Downtown, Welland

$1,099,999
Other22 ACADEMY STREET, 451 - Downtown, St. Catharines

$1,390,000
Other198 WELLAND STREET, 876 - East Village, Port Colborne

$1,672,000
Other3756 NINTH STREET, 980 - Lincoln-Jordan/Vineland, Lincoln

$1,500,000
Other625 INDUSTRIAL DRIVE, 332 - Central, Fort Erie

$1,650,000
Other333 MCNEILLY ROAD, Stoney Creek Industrial, Hamilton

$1,550,000
Other269 BRANT COUNTY ROAD 22, 2125 - SE Rural, Ancaster