42 St. Paul Street W, St. Catharines (ridley), Ontario

$599,000

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About 42 St. Paul Street W

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:36535)

Features of 42 St. Paul Street W

Listing # X13587176
Price $599,000
Bathrooms 0.00
Acres 0.00
Type Vacant Land

Community Information

Address 42 St. Paul Street W
Subdivision 459 - Ridley
City St. Catharines (ridley)
Province Ontario
Postal Code L2S2C2

Amenities

Utilities Cable, Electricity, Sewer
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 53.46 x 179.48 FT|under 1/2 acre

Listing Details

OfficeCourtesy Of ROYAL LEPAGE NRC REALTY

Listing Map