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233-239 St Paul St 15 Unit Apartment Building Offered at $3,999,900 CAD at a 6.20% Cap Rate St Catharines, ON L2R 3M6
Executive Summary
Prime mixed-use investment opportunity in the heart of downtown St. Catharines. The property features 2 ground-floor commercial units with excellent street exposure and 13 residential apartments above. Well maintained and income-producing, the building offers stable cash flow with upside potential through rental growth and future appreciation. Located along St. Catharines’ main commercial corridor, directly across from the FirstOntario Performing Arts Centre, and surrounded by restaurants, cafés, shops, and new residential developments. Steps to the Meridian Centre, Brock University’s downtown campus, transit, and public parking. Offered at just over a 6% cap rate, this is a turn-key investment in one of Niagara’s most active and rapidly growing downtown markets.
Property Facts
| Price | $3,999,900 CAD | Property Type | |
| Price Per Unit | $266,660 CAD | Building Size | 13,362 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 6.20% | Year Built | 1850 |
| No. Units | 15 | ||
| Zoning | C6 | ||
| Price | $3,999,900 CAD |
| Price Per Unit | $266,660 CAD |
| Sale Type | Investment |
| Cap Rate | 6.20% |
| No. Units | 15 |
| Property Type | |
| Building Size | 13,362 SF |
| No. Stories | 2 |
| Year Built | 1850 |
| Zoning | C6 |
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Walk Score®
Walker's Paradise (98)
Bike Score®
Very Bikeable (83)
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233-239 St Paul St
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