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14 Chestnut Lane

St. Catharines, ON · FSBO ID 660764

Property overview

4+1
Bedrooms
2
Bathrooms
1,237
Square Feet
8,712 sq ft
Lot Size
2 Storeys
Built in
1970
$1,720
Annual Taxes

Description

About this property

For Sale

Calling all builders and investors. Rarely offered and newly severed, this property presents three prime lots with one existing building that can be kept and converted into a triplex or fourplex. The two adjacent lots are perfectly suited for new multi-residential construction, with potential for a triplex on each.

Unbeatable Location: Close to the Pen Centre, Brock University, QEW, downtown St. Catharines.

Services Ready: Municipal water, hydro poles, and sewage connections are available at the lot line, minimizing development hurdles.

Investor Highlights:

  • Strong rental demand driven by Brock University, Commercial plazas & downtown workforce
  • CMHC MLI Select eligible candidate for attractive financing options
  • Build multiple cash-flowing assets in a growth corridor of the Niagara Region

This is a turn-key development site with massive income potential for the savvy investor or builder looking to expand their portfolio in one of Niagara’s fastest-growing rental markets.

Flexible financing options, including Vendor Take Back (VTB), available.

Overview

Listing details

Property Type
Land with Building(s) / House
Ad Type
For Sale
FSBO ID
660764
Ownership
Freehold / Fee Simple
Parking
Driveway
Asking Price
$850,000

Area

Location

Address
14 Chestnut Lane
Neighbourhood
Merritton
City
St. Catharines
Province / State
Ontario
Postal / ZIP
L2T1G4
Country
Canada

Baths

Bathroom types

Bathroom 1
3pc Bathroom
Bathroom 2
4pc Ensuite Bath

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$850,000
14 Chestnut Lane