This land in St. Catharines offers 2.5 ac of building area. The property has cross street Oakdale Avenue & Smythe Street, zoned R3 - Medium Density Residential.
This 2.5 acre Property is strategically located in the thriving east-central area of the City. The Property is slated for residential development with a proposed plan for three 3-storey apartment buildings comprising 99 residential units. A Minor Variance was approved in 2020 allowing for 99 units to be built on the Property as-of-right. This offering represents a unique opportunity to acquire a residential development site in a major growth area of St. Catharines. Offers to be reviewed as received. CBRE is selling the site on behalf of the lender. **EXTRAS** Info available on request. Potential buyers may be subject to qualifying process prior to info being released.
| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| — | Price Changed | X9416481 | $2,975,000 | -28.0% |
| Oct 18, 2024 | Listed For Sale | X9416481 | $4,130,000 | — |
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For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.