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$599,000
Est. payment /mo
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision 459 - Ridley
MLS Listing ID X13587176
Annual Tax Amount $5,182
Tax Year 2026
Property Sub-Type Vacant Land
Property Description
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.
Location
Province ON
County Niagara
Area Niagara
Rooms
Kitchen 0
Exterior
Waterfront Description None
Lot Frontage 53.46
Lot Depth 179.48
Others
ParcelsYN No
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Listed by ROYAL LEPAGE NRC REALTY
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