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$799,900
Ontario,St. Catharines
For Sale Active
249-253 CHURCH Street, St. Catharines, Ontario L2R3E8
  • 4,369 Sqft
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Basic Details
Description

This mixed-use property presents a compelling value-add investment opportunity in the heart of central St. Catharines, featuring four 2-bedroom residential units and one ground-floor commercial space. With strong in-place residential income and a currently vacant commercial unit, investors have immediate upside potential through lease-up, repositioning, or rental optimization. Positioned in a rapidly evolving downtown corridor, this asset offers both stable

cash flow and long-term appreciation in a high-growth urban market. The residential units are well-configured and separately equipped with their own furnace, HVAC system, and hydro meter, minimizing operating expenses and simplifying management. A coin-operated laundry area at the rear of the building provides additional income and convenience for tenants. Current gross monthly income totals $5,729 ($68,748 annually), with further revenue potential available through leasing the vacant commercial unit and future rent growth. Located in a downtown neighbourhood undergoing significant revitalization, the area has seen over $200 million in recent investment, including the redevelopment of the former 11-acre hospital site into new residential communities. With continued infrastructure improvements and residential expansion underway, this corridor is positioned for meaningful transformation. An ideal opportunity for investors seeking a strategic acquisition with immediate income, commercial upside, and long-term growth. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 40804748
  • Price: $799,900
  • Square Footage: 4,369 Sqft
  • Status: Active
  • Office Name: eXp Realty
  • Property Sub Type: Multi-family
  • Office Key: 282362
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: Full, Unfinished
  • Parking: None
  • Exterior Features: Brick, Aluminum siding
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, St. Catharines, 450 - E. Chester, L2R3E8
  • Street: CHURCH
  • Street Number: 249
  • Street Suffix: Street
  • Longitude: W80° 45' 56''
  • Latitude: N43° 9' 49.3''
Additional Information
  • Water Source:
  • Community Features:
  • Lot Features:
  • Stories: 2.0
Financial
  • Tax Annual Amount: 10037.61
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Listing updated: 2026-03-07 08:45:38
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Listing Information
  • List Agent Key: 2046407
  • List Office Key: 282362
  • Modification Timestamp: 2026-02-28T17:40:28Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-02-28T17:31:04Z
Powered by REALTOR.ca
Listing updated: 2026-03-07 08:45:38
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