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For sale · MLS® X13484124

333-341 Merritt Street, St. Catharines, ON L2T 1K5

St. Catharines, ON L2T 1K5

$2,100,000Asking price
— Bedrooms— Bathrooms10765 Reported areaInvestment Type

About this property

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

Property facts & features

Property type
Investment
MLS® number
X13484124
Source status
Price Change
Bedrooms
Not provided
Bathrooms
Not provided
Reported interior area
10765
Neighbourhood
Not provided
Postal code
L2T 1K5
Garage
None
Lot depth (source units)
198.18
Annual property tax
22037.52
Basement
Not provided
Laundry
Not provided
Interior features
Not provided
Exterior features
Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Current authorized listing record

Price Change · $2,100,000

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

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Enter assumptions

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Location & neighbourhood

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Listing brokerage: ROYAL LEPAGE NRC REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13484124. Information deemed reliable but not guaranteed.

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