$1,095,000
Available - For Sale
Listing ID: X12458193
310 ST. PAUL Street , St. Catharines, L2R 3M9, Niagara
| Exceptional mixed-use investment opportunity in the heart of Downtown St. Catharines. The property offers an attractive Vendor Take-Back (VTB) mortgage at 5.5% for up to two years with only $300,000 down. Insurance is already in place and can be seamlessly assigned to the new owner, ensuring a smooth transition. The building features two street-level commercial units, including a successful restaurant and bar, along with upper-level residential apartments, all with separate utilities. The property is currently configured as two owner-occupied apartments and can be easily converted back to its original four-apartment layout, creating immediate value-add potential.The asset qualifies for the St. Catharines Downtown Forgivable Loan Program (DFLP), offering up to $100,000 in grants for each new residential unit created, plus an additional $50,000 grant for elevator installation or barrier-free improvements. With 12 on-site parking spaces, a full basement, and excellent exposure in a high-traffic downtown location, this property delivers strong existing income, compelling redevelopment incentives, and long-term upside in one of Niagara's most active urban core. |
| Price | $1,095,000 |
| Taxes: | $12993.30 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 310 ST. PAUL Street , St. Catharines, L2R 3M9, Niagara |
| Postal Code: | L2R 3M9 |
| Province/State: | Niagara |
| Legal Description: | LT 103 CP PL 2 GRANTHAM; ST. CATHARINES |
| Directions/Cross Streets: | St. Paul Street and Academy St. |
| 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: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 8482.78 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 0 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | Open 7 |
| Employees #: | 2 |
| Sprinklers: | No |
| Washrooms: | 4 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
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| ROYAL LEPAGE NRC REALTY |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Niagara |
| Municipality: | St. Catharines |
| Neighbourhood: | 451 - Downtown |
| Tax: | $12,993.3 |
| Baths: | 4 |
| Fireplace: | N |
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