42 St. Paul Street W, St. Catharines, ON L2S 2C2

$599,000

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List Price
$599,000
MLS#
X13587176
Status
ACTIVE
Type
Land
SubType
Vacant Land
Province
ON
Municipality
St. Catharines
Area
Niagara
Neighborhood
459 - Ridley
Subdivision
Louth St.

Property Description

Unlock the potential of this exceptional infill development site at 42 St. Paul Street West, ideally located just minutes from Downtown St. Catharines, the GO Station, Ridley College, Ridley Heights, and the Marotta Family Hospital. This vacant 53' x 179' (approx.) lot is zoned M1 and presents an outstanding opportunity for developers and investors looking to capitalize on the growing demand for quality rental housing. The property includes an approved design concept for a 3-storey, 8 unit apartment building, featuring eight spacious 2-bedroom, 1-bathroom suites. The proposed scale offers an achievable and cost-effective development opportunity, making it well suited for small to mid-sized developers seeking a manageable project in a strong rental market. Site Plan, Grading and Servicing Plan and Planning Report available for review. Its central location provides residents with convenient access to public transit, major employment centres, schools, healthcare, shopping, restaurants, and recreational amenities, making it an attractive location for long-term tenants. Whether you're expanding your development portfolio or seeking your next purpose-built rental project, this property offers the ideal combination of location, zoning, and development potential in one of Niagara's fastest-growing urban markets.

Additional Information

Taxes
$5,182
Lot Depth
179
Waterfront Type
None

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Listing courtesy of ROYAL LEPAGE NRC REALTY.