$449,000
Available - For Sale
Listing ID: X12589062
14 St Catharine Street South , St. Thomas, N5P 2V6, Elgin
| LOCATION LOCATION LOCATION! Exceptional investment opportunity in the heart of downtown St. Thomas. This vacant 6,300 sq. ft. building plus a 41 ft x 109 ft rear lot (offering 14 parking spaces) are both zoned C2, offering tremendous flexibility for full commercial use, full residential development, or mixed use projects. Architectural plans are available to convert the entire building into 11 residential units, creating strong future cash flow with no rent control on newly developed units. The property is fully serviced with municipal water and sewer, natural gas, and hydro. The building currently includes 6 breakers, 6 hydro meters bases, 3 gas meters, 3 furnaces, and 8 existing points of entry. Prime visibility and unbeatable walkability, just steps to City Hall, the Public Library, YMCA daycare, shops, restaurants, bars, and public transit. A rare and versatile opportunity in a high demand location! |
| Price | $449,000 |
| Taxes: | $10479.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Vacant |
| Address: | 14 St Catharine Street South , St. Thomas, N5P 2V6, Elgin |
| Postal Code: | N5P 2V6 |
| Province/State: | Elgin |
| Legal Description: | LT 3-4 PL 182 ST. THOMAS; PT LT 5-6 PL 1 |
| Directions/Cross Streets: | Talbot St. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Building Percentage: | F |
| Total Area: | 9665.98 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
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| COLDWELL BANKER STAR REAL ESTATE |
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Dir:
647-472-6050
Bus:
905-709-7408
Fax:
905-709-7400
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Elgin |
| Municipality: | St. Thomas |
| Neighbourhood: | St. Thomas |
| Approximate Age: | 51-99 |
| Tax: | $10,479 |
| Fireplace: | N |
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