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$3,950,000
Est. payment /mo
2.5 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40666079
Originating Board Waterloo Region
Annual Tax Amount $26,528
Lot Size 2.500 Acres
Acres 2.5
Property Sub-Type Commercial
Property Description
This ±2.5 acre Property is strategically located in the thriving east-central area of the City. The Property is slated for residential development with a proposed plan for three 3-storey apartment buildings comprising 99 residential units. A Minor Variance was approved in 2020 allowing for 99 units to be built on the Property as-of-right. This offering represents a unique opportunity to acquire a residential development site in a major growth area of St. Catharines. Offers will begin to be reviewed starting Thursday, November 14, 2024.
Location
Province ON
County Niagara
Area Niagara-On-The-Lake
Zoning R3-Medium Density Residential
Direction Oakdale Avenue & Smythe Street
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available Other
Lot Frontage 277.14
Lot Depth 391.1
Garage No
Building
Lot Description Urban, None
Faces Oakdale Avenue & Smythe Street
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community false
Tax ID 463340389
Ownership Freehold/None
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Listed by CBRE LIMITED
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Doug Folsetter
Sales Representative | License ID: 4729737
Sales Representative License ID: 4729737