Excellent 5 story 16 unit mixed use condo/ apartment building development opportunity. Site plan approval nearly completed, qualifies for CMHC MLI select program, up to 90% loan possible. 16 units- 2 bedrooms, 2 baths & 1 small commercial unit, surface level parking. Short walk to GO station, downtown, Ridley College, university campus, transit and many more. Seller is open to VTB or joint venture.
47-49 St Paul Street
458 - Western Hill, St. Catharines, Niagara $1Make an offer
Studio
0 Baths
South Facing
Zoning: M2
- MLS®#:
- X12112773
- Property Type:
- Vacant Land
- Property Style:
- Area:
- Niagara
- Community:
- 458 - Western Hill
- Taxes:
- $9,655.2 / 2024
- Added:
- April 29 2025
- Lot Frontage:
- 105.54
- Lot Depth:
- 89.5
- Status:
- Active
- Outside:
- Year Built:
- Basement:
- Brokerage:
- REAL ESTATE HOMEWARD
- Lot :
-
89
105
- Intersection:
- St. Paul st. west & Pelham Rd
- Rooms:
- Bedrooms:
- Studio
- Bathrooms:
- 0
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Heating Type:
- Heating Fuel:
Listing Details
Insights
- **Development Opportunity**: This property offers an excellent mixed-use development opportunity with site plan approval nearly completed for a 16-unit condo/apartment building, making it a prime investment for developers.
- **Financial Incentives**: The property qualifies for the CMHC MLI Select program, allowing for up to 90% financing, which significantly reduces the initial capital required for investment.
- **Prime Location**: Located within walking distance to the GO station, downtown, Ridley College, and a university campus, this property is in a highly desirable area, enhancing its rental potential and overall value.
Sale/Lease History of 47-49 St Paul Street
View all past sales, leases, and listings of the property at 47-49 St Paul Street.Neighbourhood
Schools, amenities, travel times, and market trends near 47-49 St Paul StreetSchools
4 public & 4 Catholic schools serve this home. Of these, 8 have catchments. There are 2 private schools nearby.
Parks & Rec
3 trails, 2 playgrounds and 3 other facilities are within a 20 min walk of this home.
Transit
Street transit stop less than a 3 min walk away. Rail transit stop less than 2 km away.
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458 - Western Hill home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in 458 - Western Hill
Insights for 47-49 St Paul Street
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