Merritton Apartment Buildings for Sale

Multifamily in Merritton available for sale

Apartment Buildings for Sale Within 5 kilometers of Merritton

233-239 St Paul St

St Catharines, ON L2R 3M6

Multifamily for Sale
$3,999,900 CAD
13,362 SF

St Catharines Multifamily for Sale - Southern GGH

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.

Contact:

Sotheby's International Realty

Property Subtype:

Multi Family

Date on Market:

2026-02-18

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12 Oakdale Av

St Catharines, ON L2P 2B9

Multifamily for Sale
$1,200,000 CAD
2,810 SF

Air Conditioning
24 Hour Access
Kitchen
Smoke Detector

St Catharines Multifamily for Sale - Southern GGH

Fully leased residential income producing investment property sitting on 0.201 acres. Located minutes away from the Pen Centre, Highway 406, public transit stops and additional student rental housing. This property features a fully leased building offering an income producing investment opportunity. Building one is a 1.5-story structure comprising four fully leased units, providing immediate income stability. Building 2 previously housed additional rental units and presents excellent potential for redevelopment or demolition to suit your vision. Situated in a well-established neighborhood known for a mix of university student rentals and long-term residents, the property benefits from strong rental demand and community appeal. Its prime location offers convenient access to multiple public transit stops within walking distance and provides easy, direct connectivity to Highway 406.