$499,900
For sale: Other

Renovate the existing building, turn into a 4-plex with commercial and apply for 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, in the heart of Downtown St. Catharines. The best of urban living right outside the door. The numbers work. The City is on board. A builder is in place. All details available upon request.
Sold data
Homes in Downtown took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 17 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.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 $489,950.
Homes sold for about 3.7% 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

$579,900
Other94 LAKE STREET, 451 - Downtown, St. Catharines

$550,000
Other434 LAKE STREET, 443 - Lakeport, St. Catharines

$499,900
Other1523 MAIN STREET E, Homeside, Hamilton

$575,000
Other4148 DRUMMOND ROAD, 211 - Cherrywood, Niagara Falls

$479,900
Townhouse3 - 2720 MEWBURN ROAD, 207 - Casey, Niagara Falls

$535,000
Detached85 PARK AVENUE, 455 - Secord Woods, St. Catharines

$548,000
Multiplex31 STUART AVENUE, 451 - Downtown, St. Catharines

$519,900
Apartment303 - 212 LAKEPORT ROAD, 443 - Lakeport, St. Catharines