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Listed price in listed location currency (CAD).
$799,900

000

MLS® 40804748

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4369 sqft
Garage 
Taxes $10,038
Days Active 56
Lot Size 
Approx. Age 
Avg. Price Per Sqft $183
MLS® Number 40804748

Property Address: 249-253 Church St, Saint Catharines, ON, L2R3E8

Average square foot calculated using Size range provided by listing agent.

Description

This mixed-use property presents a compelling value-add investment opportunity in the heart of central St. Catharines, featuring four 2-bedroom residential units and one ground-floor commercial space. With strong in-place residential income and a currently vacant commercial unit, investors have immediate upside potential through lease-up, repositioning, or rental optimization. Positioned in a rapidly evolving downtown corridor, this asset offers both stable cash flow and long-term appreciation in a high-growth urban market. The residential units are well-configured and separately equipped with their own furnace, HVAC system, and hydro meter, minimizing operating expenses and simplifying management. A coin-operated laundry area at the rear of the building provides additional income and convenience for tenants. Current gross monthly income totals $5, 729 ($68, 748 annually), with further revenue potential available through leasing the vacant commercial unit and future rent growth. Located in a downtown neighbourhood undergoing significant revitalization, the area has seen over $200 million in recent investment, including the redevelopment of the former 11-acre hospital site into new residential communities. With continued infrastructure improvements and residential expansion underway, this corridor is positioned for meaningful transformation. An ideal opportunity for investors seeking a strategic acquisition with immediate income, commercial upside, and long-term growth.
MLS® Number40804748
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFull, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 18, 2026List Date
$799,900List Price
Mar 31, 2026End Date
-Sold Price

Withdrawn

Oct 21, 2025List Date
$799,000List Price
  • Commute

Commute

Starting Address
Destination Address
249-253 Church St, Saint Catharines, ON

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