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42 St. Paul Street W
homes for sale · St. Catharines · Ridley
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$599,000

42 St. Paul Street W

Ridley, St. Catharines · MLS® X13810370

0 sq ft lot · Land · Vacant Land · 33 days on market

listed by Jesse Mason, ROYAL LEPAGE NRC REALTY

realtor's 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.

property details

type
Land, Vacant Land
lot
0 sq ft
parking
0
property tax
$5,182 / yr
days on market
33
MLS®
X13810370

monthly cost

$3,042/mo
Mortgage $2,610 · Tax $432

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,610/ monthly
loan $479,200
25-year amortization
total interest
$303,736
cash to close
$119,800
down payment; transfer tax and fees not included
total paid
$782,936

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Ridley, St. CatharinesGoogle Maps ↗

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listed by
Jesse Mason
ROYAL LEPAGE NRC REALTY
call Jesse · 905-329-8343
Powered by: REALTOR.ca

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location

Ridley, St. CatharinesGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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