VENDOR TAKE BACK FINANCING may be available. The Vendor has indicated a willingness to consider meaningful vendor take-back financing for a financially qualified purchaser, subject to mutually acceptable terms and conditions. RARE COMMERCIAL LAND DEVELOPMENT OPPORTUNITY located along the Fourth Avenue commercial corridor. A corner lot with 400 feet frontage along Fourth and offers easy access toHighway #406. This property is in close proximity to Smart Centres, the Fourth Avenue West Shopping Centre, Marotta Family Hospital, First onFourth Condominiums and many retail and service commercial enterprises. West St. Catharines is undergoing significant transformation withdevelopments zoned for high-intensity; mixed use and long term care development considerations, as well as, residential projects. There is astrong push for residential intensification and mixed use developments in this area which will only make ownership of this property moreattractive. Have a look at the attached brochure which provides an excerpt of permitted uses within the C4-Major Commercial Zone. This is anopportunity worth considering whether for immediate or short term development, or as a longer term land holding for investment purposes. FIRST MORTGAGE financing may be available for a portion of the purchase price at a commercially competitive interest rate and for a mutually agreed term.
| MLS # | X12788308 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 263 |
| Listing Provided By | ROYAL LEPAGE NRC REALTY | X12788308 292602 |
| SQ Feet | 102,366 |
|---|---|
| Acreage | 2.35 |
| Community Features | Major Highway, Public Transit |
|---|
| Utilities | Yes |
|---|---|
| Sewer | Sanitary Available |
| Tax Annual Amount | 62283 |
|---|---|
| Tax Assessed Value | 4600000 |
| Tax Type | Annual |
| Tax Legal Description | PT LT 23, Con 5 Grantham, PT 11, 30R-2444, and PT 4 & 5, 30R-4497; S/T GRN19320 & GRN32392; St, Catharines. |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Niagara |
| City | St. Catharines |
| Postal Code | L2S 4C2 |
| Area | 459 Ridley |
| Listing VS Median (in L2S 4C2) | |
Price: $5,125,000 low | high Med: $5,125,000 sqft: 102,366 low | high Med: 102,366 $ / sqft: $50 low | high Med: $50 On site: 263 low | high Med: 263 | |
| Province | ON |
|---|---|
| County | Niagara |
| City | St. Catharines |
| Postal Code | L2S 4C2 |
| Area | 459 Ridley |
| Listing VS Median (in L2S 4C2) | |
Price: $5,125,000 low | high Med: $5,125,000 sqft: 102,366 low | high Med: 102,366 $ / sqft: $50 low | high Med: $50 On site: 263 low | high Med: 263 | |