ON > St. Catharines
St. Catharines, ON L2R 3M9,310 St. Paul ST
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St. Catharines, ON L2R 3M9,310 St. Paul ST
St. Catharines, ON L2R 3M9,310 St. Paul ST
St. Catharines, ON L2R 3M9,310 St. Paul ST
St. Catharines, ON L2R 3M9,310 St. Paul ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,200,000
Est. payment /mo
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Active

310 St. Paul ST St. Catharines, ON L2R 3M9

8,483 SqFt

UPDATED:

09/24/2024 06:24 PM

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 8,483 sqft

Price per Sqft $141

MLS Listing ID X9365117

Annual Tax Amount $12,993

Tax Year 2024

Property Description

TREMENDOUS INVESTMENT OPPORTUNITY: ATTRACTIVE VTB MORTGAGE AT 8% FOR UP TO TWO YEARS WITH 300,000 DOWN PAYMENT. ALSO THE INSURANCE IS ALREADY IN PLACE FOR THE NEW OWNER WITH A QUICK ASSIGNMENT. Potential income: Existing tenant commercial $1,510/mo or $18,120 per year (net rent) New Tenant for restaurant $4,000/mo or $48,000 per year (net rent) New residential tenants (4) $8,000/mo or $96,000 per year (after renovations) gross TOTAL POTENTIAL RENT $13,510/MO OR $162,000 PER YEAR AFTER RENOVATIONS In the vibrant heart of Downtown St. Catharines, THIS PRIME PROPERTY OFFERS AN EXCEPTIONAL INVESTMENT OPPORTUNITY. It features two commercial units on the ground floor, including a thriving restaurant and bar (estimated value over $200,000) with two upper-level apartments, each unit is equipped with its own gas furnace and separate hydro meters. The property also includes a full basement. 12' Restaurant ceiling, Roof restored, Residential flat roofing 2010. All municipal services, ensuring convenience for both owners and tenant

Location

Province ON

County Niagara

Zoning C6

Interior

Cooling No

Exterior

Utilities Available Available

Parking Type None

Others

Security Features No

Listed by Royal LePage NRC Realty

Jethro Seymour

Broker

+1(416) 712-0767

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310 St. Paul ST

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