14 St Catharine Street Image 1

$600,000

2 days agoInvestment For Sale
bedroomsbed
washrooms0bath
MLS - #X12034111

14 St Catharine Street, St. Thomas, ON N5P 2V6

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Average Price
60000000.0%
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Price Comparison

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 14 St Catharine Street

Discover a versatile 6,300 sq ft vacant building, zoned C2, with pre-approved architectural plans to convert the space into 10 or 11 modern residential units. This opportunity offers immediate upside for investors seeking a turnkey redevelopment project.Strategically located in the vibrant heart of downtown St. Thomas, the property boasts excellent visibility and is within steps of City Hall, the public library, parks, retail, dining, and transit. Comprehensive due diligence has been completed, including a clean ESA Phase 1 and a recent survey, ensuring confidence and readiness for development.Additionally, the asset features a rear lot currently operating as a parking area, which can be repurposed to support the residential conversion or for further redevelopment. With essential services like municipal water, sewers, natural gas, and hydro in place, this property provides a solid infrastructure foundation for a high-quality project.Seize the opportunity to transform this blank canvas into a thriving residential hub, and secure strong future returns in one of Ontarios most dynamic urban centers.

Home Overview

Last updated

2 days ago

Virtual tour

None

Basement information

Building size

6300

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Additional Details

Basement:N/A
Cooling:Partial
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2291.59/ month
$480,000 Principal and Interest
$576,000 Property Taxes

Location

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Walk Score for 14 St Catharine Street

Some information about this property - St Catharine Street

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