Address: 249-253 CHURCH Street, St. Catharines FOR SALE Subdivision: 450 - E. Chester Postal Code: L2R3E8 Style: Bedrooms: 0 Bathrooms: 0 Parking: None Garage: None Lot Size: 54 ft x 64 ft Stories: 2
About 249-253 Church Street
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:56071). Get more information on 249-253 Church Street
Property Features
Appliances: Window Coverings Features: Laundry- Coin operated Rental Equipment: Directions: GENEVA TO CHURCH Zoning Description: M1, M3 Interior Size: 4369 sqft Community Features: High Traffic Area Lot: under 1/2 acre Exterior Finish: Aluminum siding, Brick Water: Municipal water, Municipal sewage system Heating / Cooling: Natural gas / None Age: Basement: Full (Unfinished) Unfinished
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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FOR SALE
NEW LISTING
FOR SALE
NEW LISTING
NEW LISTING