$499,999
Available - For Sale
Listing ID: X12034111
14 St Catharine Stre , St. Thomas, N5P 2V6, Elgin
| Discover a versatile 6,300 sq ft vacant building, zoned C2, with pre-approved architectural plans to convert the space into 10 or 11 modern residential units. This opportunity offers immediate upside for investors seeking a turnkey redevelopment project.Strategically located in the vibrant heart of downtown St. Thomas, the property boasts excellent visibility and is within steps of City Hall, the public library, parks, retail, dining, and transit. Comprehensive due diligence has been completed, including a clean ESA Phase 1 and a recent survey, ensuring confidence and readiness for development.Additionally, the asset features a rear lot currently operating as a parking area, which can be repurposed to support the residential conversion or for further redevelopment. With essential services like municipal water, sewers, natural gas, and hydro in place, this property provides a solid infrastructure foundation for a high-quality project.Seize the opportunity to transform this blank canvas into a thriving residential hub, and secure strong future returns in one of Ontarios most dynamic urban centers. |
| Price | $499,999 |
| Taxes: | $7726.98 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 14 St Catharine Stre , St. Thomas, N5P 2V6, Elgin |
| Postal Code: | N5P 2V6 |
| Province/State: | Elgin |
| Legal Description: | LT 3-4 PL 182 ST. THOMAS; PT LT 5-6 PL 1 |
| Directions/Cross Streets: | St Catharine & Talbot |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 6300.00 |
| Total Area Code: | Square Feet |
| Approximatly Age: | 51-99 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES |
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At a Glance:
| Type: | Com - Investment |
| Area: | Elgin |
| Municipality: | St. Thomas |
| Neighbourhood: | St. Thomas |
| Approximate Age: | 51-99 |
| Tax: | $7,726.98 |
| Fireplace: | N |
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