The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
VENDOR TAKE BACK FINANCING may be available. The Vendor has indicated a willingness to consider meaningful vendor take-back financing for a financially qualified purchaser, subject to mutually acceptable terms and conditions. RARE COMMERCIAL LAND DEVELOPMENT OPPORTUNITY located along the Fourth Avenue commercial corridor. A corner lot with 400 feet frontage along Fourth and offers easy access toHighway #406. This property is in close proximity to Smart Centres, the Fourth Avenue West Shopping Centre, Marotta Family Hospital, First onFourth Condominiums and many retail and service commercial enterprises. West St. Catharines is undergoing significant transformation withdevelopments zoned for high-intensity; mixed use and long term care development considerations, as well as, residential projects. There is astrong push for residential intensification and mixed use developments in this area which will only make ownership of this property moreattractive. Have a look at the attached brochure which provides an excerpt of permitted uses within the C4-Major Commercial Zone. This is anopportunity worth considering whether for immediate or short term development, or as a longer term land holding for investment purposes. FIRST MORTGAGE financing may be available for a portion of the purchase price at a commercially competitive interest rate and for a mutually agreed term.
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$24,363/mo
Mortgage (principal + interest)$19,172
Property taxFrom listing: $62,283/yr$5,190
Minimum 20% ($1,025,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$1,025,000
Ontario land transfer taxProvincial brackets, no first-time refund$114,600
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$1,142,400
First-time buyers can get up to $4,000 back on Ontario land transfer tax. St. Catharines has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
