14 Chestnut Lane
St. Catharines, ON · FSBO ID 660764
Property overview
Description
About this property
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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