Address
201 - 43 Church Street, St. Catharines (Downtown), ON
Price
$ 389,000
Property Attributes
  • ID#X13734036
  • TypeCommercial
  • Listing Status Active
  • MunicipalitySt. Catharines (Downtown)
  • CitySt. Catharines (Downtown)
  • Area451 - Downtown
  • Neighbourhood451 - Downtown
  • Postal CodeL2R 7E1
  • Style
  • Price$ 389,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2185
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Own a fully leased commercial condo in the heart of downtown St. Catharines , an exceptional investment opportunity at Suite 201, 43 Church Street. Secured with a multi year lease, until July 31, 2028, to a AAA tenant, this property delivers immediate, reliable income with an attractive cap rate. Condo area 2,184 sq. ft., Leasable area 2585 sq ft. Base Rent $10 / sq ft. +TMI $13.19 /sq ft. , Common Fees are $1695.46, Property Taxes for 2025 are $9692.12. One Tandem parking and storage included: Unit #23. This beautifully designed office space offers a bright, modern, and highly functional layout in the vibrant Downtown Core. The open concept workspace is flooded with natural light through expansive windows and includes a professional reception area, and the convenience of underground parking. Ideal for investors seeking stable returns, this versatile commercial condo is well-suited for professional offices, service based businesses, or medical related uses. Positioned steps from restaurants, bars, the Courthouse, City Hall , shopping, and countless amenities. This prime location enhances both tenant appeal and long term value. (id:7434)

General Features

Features Elevator
Property Type Office
Zoning Description C5-92
CommunityName 451 - Downtown
Building Cooling Type Fully air conditioned
Business Type Other
Business Sub Type Professional office(s)
Location Description Cross Streets: Wellington Street & Church Street. ** Directions: Corner of Wellington and Church St.
Parking Space Total 1
Building Type Offices

Interior Features

Building Fireplace Present False
Building Heating Type Hot water radiator heat
Building Heating Fuel Natural gas
Living Area Range 2185

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L2R 7E1

Price
AVG $290K
$390K