5 Court Street,St. Catharines (Downtown), ON L2R4R3
St. Catharines (Downtown), ON L2R4R3
Description
Exceptional mixed-use commercial and residential property offering good income potential in a prime downtown location. Situated just a 5-minute walk to the St. Catharines Downtown Transit Terminal, this extensively renovated building is ideal for investors or owner-operators seeking multiple income streams.The main floor features a fully equipped restaurant space with a newly built commercial kitchen, now is rented to a Chineses take out retreatant. Also on the ground level, with its own separate entrance, is a spacious commercial-zoned residential unit offering 1 bedroom, 1 bathroom, an open-concept living and dining area, kitchen, and in-suite laundry. A separate entrance leads to the second floor, currently configured for room rentals, featuring 5 bedrooms, 2 full bathrooms, a shared kitchen and dining area, and a dedicated laundry space, providing excellent rental income potential.The property has undergone extensive renovations, including ESA-certified electrical upgrades, updated plumbing on the second floor, and newer furnace and air conditioning systems, offering peace of mind for years to come. Whether you're looking to expand your investment portfolio, operate your own business while generating residential rental income, or capitalize on the strong demand for downtown housing, this versatile property presents an exceptional opportunity in a thriving location. (id:13843)
Details
| MLS # | X13522020 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 114 |
| Listing Provided By | Wisdomax Realty LTD | Annie Liu |
Features
| SQ Feet | 2,347 |
|---|---|
| Zoning | LT 371 CP PL 2 GRANTHAM; ST. CAT |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Parking
| Parking Total | 2 |
|---|
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 8500 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | St. Catharines (Downtown) |
| Postal Code | L2R4R3 |
| Listing VS Median (in L2R4R3) | |
Price: $1,290,000 low | high Med: $1,290,000 sqft: 2,347 low | high Med: 2,174 $ / sqft: $550 low | high Med: $597 On site: 114 low | high Med: 114.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | St. Catharines (Downtown) |
| Postal Code | L2R4R3 |
| Listing VS Median (in L2R4R3) | |
Price: $1,290,000 low | high Med: $1,290,000 sqft: 2,347 low | high Med: 2,174 $ / sqft: $550 low | high Med: $597 On site: 114 low | high Med: 114.5 | |
