5 Court Street, St. Catharines, ON, L2R 4R3

CAD 1,290,000
For Sale MLS: X13522020

Property Details

Property Type

Commercial Retail

Description

Property Details: - Type: Commercial Retail - Bedrooms: 0 - Bathrooms: 0 - MLS#: X13522020 Listed By: WISDOMAX REALTY LTD

Exceptional mixed-use commercial and residential property offering good income potential in a prime downtown location. Situated just a 5-minute walk to the St. Catharines Downtown Transit Terminal, this extensively renovated building is ideal for investors or owner-operators seeking multiple income streams.The main floor features a fully equipped restaurant space with a newly built commercial kitchen, now is rented to a Chineses take out retreatant. Also on the ground level, with its own separate entrance, is a spacious commercial-zoned residential unit offering 1 bedroom, 1 bathroom, an open-concept living and dining area, kitchen, and in-suite laundry. A separate entrance leads to the second floor, currently configured for room rentals, featuring 5 bedrooms, 2 full bathrooms, a shared kitchen and dining area, and a dedicated laundry space, providing excellent rental income potential.The property has undergone extensive renovations, including ESA-certified electrical upgrades, updated plumbing on the second floor, and newer furnace and air conditioning systems, offering peace of mind for years to come. Whether you're looking to expand your investment portfolio, operate your own business while generating residential rental income, or capitalize on the strong demand for downtown housing, this versatile property presents an exceptional opportunity in a thriving location. This commercial retail home located at 5 Court Street, St. Catharines is currently for sale and has been available on Zolo.ca for 0 day. This property is listed at $1,290,000 with an estimated mortgage of $4,748* per month. It has beds, bathrooms, and is 2,347 square feet. 5 Court Street, St. Catharines is in the 451 - Downtown neighborhood St. Catharines.

Location

Address

5 Court Street, St. Catharines, ON, L2R 4R3

City

St. Catharines

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