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$ 799,000
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Active
249-253 CHURCH ST Niagara, ON L2R 3E8
2 Beds
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 450 - E. Chester
MLS Listing ID X12475056
Bedrooms 2
Annual Tax Amount $1
Tax Year 2025
Property Sub-Type Investment
Property Description
249253 Church St. offers a strong investment opportunity in central St. Catharines with a mix of residential and commercial income. The property includes four 2-bedroom apartments and a main floor commercial space previously used as a salon/barbershop. Each apartment has its own furnace, HVAC system, and hydro meter, plus theres a coin laundry at the rear for tenant use.Gross monthly income is $5,729 ($68,748 annually - commercial unit currently vacant).The property is ideally located in a downtown area experiencing major growth, with over $200 million invested in recent years and the redevelopment of the former 11-acre hospital site into new residential projects. This neighbourhood is next in line for significant transformation, making this a prime time to invest.
Location
Province ON
County Niagara
Community 450 - E. Chester
Area Niagara
Rooms
Kitchen 0
Interior
Cooling Yes
Exterior
Community Features Major Highway, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 54.1
Lot Depth 64.0
Others
Security Features No
ParcelsYN No
Listed by ROCK STAR REAL ESTATE INC.