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Listed by Amit Airi • RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
$ 6,490,000
Est. payment | /mo
$ 6,490,000
Est. payment | /mo
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40726672
Property Sub-Type Residential
Source Waterloo Region
Property Description
This strategically located 4.05-acre parcel presents an
exceptional opportunity for builders, developers, and investors
seeking high-density residential development in St. Catharines
thriving market. The site offers flexible
development potential including 90+ traditional townhomes or 136
stacked townhomes, or up to 300 apartment units - with servicing
capacity already confirmed for maximum density. The land's
current per-door cost sits significantly below market value,
creating immediate equity potential.
Situated just 5 minutes from QEW access, the property provides
quick connectivity to Toronto and the world-renowned Niagara
Falls, while benefiting from St. Catharines; 12% population growth
since 2020 and sub-2% rental vacancy rates.
With pre-consultation already underway with city planners and
multiple exit strategies available - from build-to-sell to land
banking (8-12% annual appreciation) - this offering represents a
rare chance to secure high-density land at a basis well below cost
in one of Niagara's most dynamic urban nodes.
exceptional opportunity for builders, developers, and investors
seeking high-density residential development in St. Catharines
thriving market. The site offers flexible
development potential including 90+ traditional townhomes or 136
stacked townhomes, or up to 300 apartment units - with servicing
capacity already confirmed for maximum density. The land's
current per-door cost sits significantly below market value,
creating immediate equity potential.
Situated just 5 minutes from QEW access, the property provides
quick connectivity to Toronto and the world-renowned Niagara
Falls, while benefiting from St. Catharines; 12% population growth
since 2020 and sub-2% rental vacancy rates.
With pre-consultation already underway with city planners and
multiple exit strategies available - from build-to-sell to land
banking (8-12% annual appreciation) - this offering represents a
rare chance to secure high-density land at a basis well below cost
in one of Niagara's most dynamic urban nodes.
Location
Province ON
County Niagara
Area St. Catharines
Zoning R2
Direction Eastchester Ave to Mitchell St
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available At Lot Line-Gas, At Lot Line-Hydro, None
Garage No
Building
Lot Description Urban, Irregular Lot, Highway Access, Public Transit
Faces Eastchester Ave to Mitchell St
Sewer Other
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 462750099
Ownership Freehold/None
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