Own a fully leased commercial condo in the heart of downtown St. Catharines , an exceptional investment opportunity at Suite 202, 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 1,162.2 sq. ft., Leasable area 1,375 sq ft. Base Rent $10 / sq ft. +TMI $13.19 /sq ft. , Common Fees are $901.87, Property Taxes for 2025 are $5406.75. One Tandem parking included: Unit #22. 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. (id:36058)
| MLS® Number | X13182206 |
| Property Type | Office |
| Community Name | 451 - Downtown |
| Features | Elevator |
| Parking Space Total | 1 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 1,162 Ft2 |
| Type | Offices |
| Utility Water | Municipal Water |
| Underground |
| Acreage | No |
| Size Depth | 295 Ft ,8 In |
| Size Frontage | 107 Ft |
| Size Irregular | 107.04 X 295.73 Ft |
| Size Total Text | 107.04 X 295.73 Ft |
| Zoning Description | C5-92 |
https://www.realtor.ca/real-estate/29810224/202-43-church-street-st-catharines-downtown-451-downtown
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