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Land with Building(s) For Sale in St. Catharines, ON

14 Chestnut Lane
List Price
$850,000
Questions? Want to book a showing?

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

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.

Property Features

Property Type Land with Building(s) / House

Ad Type For Sale

Ownership Freehold / Fee Simple

Parking Driveway

Asking Price $850,000

Location

Address 14 Chestnut Lane

Neighbourhood Merritton

City St. Catharines

Province / State Ontario

Postal / ZIP L2T1G4

Country Canada

Bathroom Types

Bathroom 1 3pc Bathroom

Bathroom 2 4pc Ensuite Bath

Map & Buyer Tools

FSBO ID 660764
Contact Seller
Guo
647-569-5071