333-341 Merritt Street, St. Catharines, ON L2T 1K5
$2,500,000
$2,500,000
MLS®#:
X13484124
Property Type:
Investment
Property Style:
Area:
Niagara
Community:
456 - Oakdale
Taxes:
$22,037.52 / 2025
Added:
June 24 2026
Lot Frontage:
132.03
Lot Depth:
198.18
Status:
Active
Outside:
Year Built:
51-99
Brokerage:
ROYAL LEPAGE NRC REALTY
Lot :

198

132

BIG LOT

Intersection:
Glendale
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Partial
Heating Type:
Baseboard
Heating Fuel:

Listing Details

Extremely rare investment opportunity with up to 9 rental units, retail, residential, a long established appliance sale/repair business (1976) is included and further possible land development. The property currently includes 3 retail storefronts, one restaurant/bar with parking, 4 residential apartments, a fenced rear compound lot, further parking lot and an onsite detached house with private parking. This exclusive land assembly offering demonstrating pride of ownership, presents a rare opportunity to acquire a strategically assembled portfolio of up to 5 income-producing mixed-use properties stretching over 1 full block of street frontage free city street parking, 198 ft deep lot and a strong combination of commercial and residential revenue streams. Positioned within established and evolving markets on a thriving main arterial route servicing south St. Catharines. The portfolio offers immediate cash flow, long-term stability, and significant upside potential for both private and institutional investors. Buyer to do their own due diligence regarding the potential for a scaled townhouse build at the rear of the property on Walnut Lane. Parking potential or 15 or more vehicles updated furnace and roof, floor plans available.24 hrs notice for showings

Insights

  1. Diverse Income Streams: The property includes up to 9 rental units comprising 3 retail storefronts, a restaurant/bar, and 4 residential apartments, providing multiple revenue sources for immediate cash flow.
  2. Strong Growth Potential: Located on a thriving main arterial route in St. Catharines, the property is positioned for long-term stability and significant upside potential, especially with the possibility of further land development.
  3. Ample Parking Facilities: The property features a fenced rear compound lot and additional parking for 15 or more vehicles, enhancing accessibility for tenants and customers, which is a valuable asset in commercial real estate.

Neighborhood Overview

Complete neighborhood profile for 333-341 Merritt Street

456 - Oakdale home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 456 - Oakdale
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)