43 Church Street Unit 201, St. Catharines, ON L2R 7E1

$389,000

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List Price
$389,000
MLS#
X13182254
Status
ACTIVE
Type
Commercial
SubType
Office
Province
ON
Municipality
St. Catharines
Area
Niagara
Neighborhood
451 - Downtown
Subdivision
Wellington Street & Church Street

Property Description

Own a fully leased commercial condo in the heart of downtown St. Catharines , an exceptional investment opportunity at Suite 201, 43 Church Street. Secured with a multi year lease, until July 31, 2028, to a AAA tenant, this property delivers immediate, reliable income with an attractive cap rate. Condo area 2,184 sq. ft., Leasable area 2585 sq ft. Base Rent $10 / sq ft. +TMI $13.19 /sq ft. , Common Fees are $1695.46, Property Taxes for 2025 are $9692.12. One Tandem parking and storage included: Unit #23. This beautifully designed office space offers a bright, modern, and highly functional layout in the vibrant Downtown Core. The open concept workspace is flooded with natural light through expansive windows and includes a professional reception area, and the convenience of underground parking. Ideal for investors seeking stable returns, this versatile commercial condo is well-suited for professional offices, service based businesses, or medical related uses. Positioned steps from restaurants, bars, the Courthouse, City Hall , shopping, and countless amenities. This prime location enhances both tenant appeal and long term value.

Additional Information

Taxes
$9,692
Heat Type
Gas Hot Water
Air Conditioning
Yes
Lot Depth
295
Garage Type
Underground

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Calculator source: Real Geeks

Listing courtesy of REVEL Realty Inc., Brokerage.