71 QUEEN STREET, St. Catharines (Downtown)

$599,900

For sale: Multiplex

Multiplex at 71 QUEEN STREET, St. Catharines (Downtown)
Property type
Investment
MLS®
MLS® X13733740
Neighbourhood
451 - Downtown

Renovate the existing building, turn into a 4-plex with commercial with St. Catharine Forgivable Loan Program (UP to $150k) or take the baton on this stunning new 6-plex rental property designed by Forestgreen Creations. Zoning permits full residential use or retain the commercial component. Minor variances have already been approved for this sleek contemporary design. All options benefit from a full HST Rebate. (There's talk about potential reduced development fees). 6-plex offers four 3-storey townhomes - each offering 3 bedrooms (or flex space) or 2 bedrooms with private rooftop terraces. Two bright 1-bedroom lower-level units, both designed with exceptional natural light. All options allow for no parking requirement. Open-concept layouts throughout, built for strong cash-flow and quality long-term rentals. Located steps from Montebello Park, you're in the heart of downtown St. Catharines with the best of urban living right outside your door. The numbers work. The City is on board. A builder is in place. All details available upon request.

Sold data

Multiplex homes in St. Catharines (Downtown) — recent sold market

Multiplex homes in St. Catharines (Downtown) took a median of 29 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 62, across 43 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 89 days.

The median sale price was $539,900.

Homes sold for about 4.3% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$539,900
Sale-to-list ratio
95.7%
Sold above asking
7%

Based on 43 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in St. Catharines (Downtown)

St. Catharines (Downtown) 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 (Downtown)

  • 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 71 QUEEN STREET