249-253 CHURCH Street, St. Catherines, Ontario
$774,900
- 4,369 Square Feet
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. (id:23309)
- Listing ID: 40804748
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
Paul Busnello would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Paul Busnello, who specializes in St. Catherines real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Paul Busnello find a property to match your lifestyle.
Listing provided by eXp Realty
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 249-253 CHURCH Street in St. Catharines Ontario. It was last modified on February 18th, 2026. Contact Paul Busnello to schedule a viewing or to discover other St. Catharines homes for sale.