42 ST. PAUL STREET W
St. Catharines (Ridley), Ontario
MLS® X13587176
$599,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- X13587176
- Bedrooms
- —
- Bathrooms
- 0
- Year built
- —
1 / 9Listing description
Unlock the potential of this exceptional infill development site at 42 St. Paul Street West, ideally located just minutes from Downtown St. Catharines, the GO Station, Ridley College, Ridley Heights, and the Marotta Family Hospital.
This vacant 53' x 179' (approx.) lot is zoned M1 and presents an outstanding opportunity for developers and investors looking to capitalize on the growing demand for quality rental housing. The property includes an approved design concept for a 3-storey, 8 unit apartment building, featuring eight spacious 2-bedroom, 1-bathroom suites.
The proposed scale offers an achievable and cost-effective development opportunity, making it well suited for small to mid-sized developers seeking a manageable project in a strong rental market. Site Plan, Grading and Servicing Plan and Planning Report available for review. Its central location provides residents with convenient access to public transit, major employment centres, schools, healthcare, shopping, restaurants, and recreational amenities, making it an attractive location for long-term tenants.
Whether you're expanding your development portfolio or seeking your next purpose-built rental project, this property offers the ideal combination of location, zoning, and development potential in one of Niagara's fastest-growing urban markets.
Property summary
- MLS® number
- X13587176
- Property type
- Vacant Land
- Land size
- 53.46 x 179.48 FT
- Annual property taxes
- $5,182.36
- Days on market
- 37 days
What would this home cost you?
Based on the $599,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE NRC REALTY, NIAGARA FALLS.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.