$1,095,000

TREMENDOUS INVESTMENT OPPORTUNITY: Attractive VTB mortgage at 5.5% for up to two years with a $300,000 down payment. Insurance is already in place and can be quickly assigned to the new owner for a smooth transition. Located in the heart of Downtown St. Catharines, this prime mixed-use property features two ground-floor commercial units, including a thriving restaurant and bar, plus four upper-level residential apartments with separate utilities. The property is eligible for the St. Catharines Downtown Forgivable Loan Program (DFLP), offering up to $100,000 in interest-free funding (plus $50,000 for barrier-free units) to help convert or enhance residential spaces. With 12 parking spaces, a full basement, and a high-visibility location, this property offers strong income potential, redevelopment incentives, and exceptional long-term value in one of Niagaras most dynamic downtown markets. (id:36058)

Property Details

MLS® Number	X12458193
Property Type	Retail
Community Name	451 - Downtown
Amenities Near By	Highway, Public Transit
Parking Space Total	12

Building

Bathroom Total	4
Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Exterior	8482.78 Sqft
Size Interior	8,483 Ft2
Type	Residential Commercial Mix
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Highway, Public Transit
Sewer	Sanitary Sewer
Size Depth	198 Ft ,2 In
Size Frontage	37 Ft ,6 In
Size Irregular	Bldg=37.5 X 198.24 Ft
Size Total Text	Bldg=37.5 X 198.24 Ft
Zoning Description	C6

https://www.realtor.ca/real-estate/28980639/310-st-paul-street-st-catharines-downtown-451-downtown