42 St. Paul Street W St. Catharines, Ontario L2S 2C2

$599,000

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. (id:34139)

Property Details

MLS® Number X13587176
Property Type Vacant Land
Community Name 459 - Ridley

Building

Land

Acreage No
Size Depth 179 Ft ,5 In
Size Frontage 53 Ft ,5 In
Size Irregular 53.46 X 179.48 Ft
Size Total Text 53.46 X 179.48 Ft|under 1/2 Acre
Zoning Description M1

Utilities

Cable Available
Electricity Available
Sewer Available

https://www.realtor.ca/real-estate/30059297/42-st-paul-street-w-st-catharines-ridley-459-ridley

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RE/MAX Garden City Realty Brokerage
145 Carlton Street, 2nd Floor, St. Catharines

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