For Sale: 249-253 Church Street, St. Catharines, ON - REW
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$774,900
0 bd • 0 ba • 4369 sf • Multifamily
249-253 Church Street
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$774,900
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249-253 Church StreetSt. Catharines, ON, L2R 3E8

  • 0 Bed
  • 0 Bath
  • 4369 Sqft
  • Multifamily

About this home

This mixed-use property presents a compelling value-add investment opportunity in the heart of central St. Catharines, featuring four 2-bedroom residential units and one ground-floor commercial space. With strong in-place residential income and a currently vacant commercial unit, investors have immediate upside potential through lease-up, repositioning, or rental optimization. Positioned in a rapidly evolving downtown corridor, this asset offers both stable cash flow and long-term appreciation in a high-growth urban market. The residential units are well-configured and separately equipped with their own furnace, HVAC system, and hydro meter, minimizing operating expenses and simplifying management. A coin-operated laundry area at the rear of the building provides additional income and convenience for tenants. Current gross monthly income totals $5,729 ($68,748 annually), with further revenue potential available through leasing the vacant commercial unit and future rent growth. Located in a downtown neighbourhood undergoing significant revitalization, the area has seen over $200 million in recent investment, including the redevelopment of the former 11-acre hospital site into new residential communities. With continued infrastructure improvements and residential expansion underway, this corridor is positioned for meaningful transformation. An ideal opportunity for investors seeking a strategic acquisition with immediate income, commercial upside, and long-term growth.
Listed by: Jay Shaw, eXp Realty

Home facts and features

Price details
List Price
$774,900
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Gross Taxes for 2026
$10,038
Home facts
Bedrooms
0
Full Bathrooms
0
Property Type
Multifamily
Lot Size
54 ft x 64 ft (3463 ft²)
Depth
64.0
Frontage
54.1
Heating Type
Forced Air,Natural Gas
Basement Details
Full,Unfinished
Features
Coin Operated, Shared
Appliances
4 Fridges, 4 Stoves, Window Coverings
Agent details
Primary Agent
Primary Broker
eXp Realty
Listing details
Days on REW
114 Days
Property Views
22
MLS® Number
40804748
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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25 Years
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Property Insights

ÉÉC Immaculée-Conception
  • Catholic
  • JK - 8
Connaught Public School
  • Public
  • JK - 8
St Nicholas Catholic Elementary School
  • Catholic
  • JK - 8
St Catharines Collegiate Institute and Vocational
  • Public
  • 9 - 12
Harriet Tubman Public School
  • Public
  • JK - 8
St Denis Catholic Elementary School
  • Catholic
  • JK - 8
Prince of Wales Public School
  • Public
  • JK - 8
Jeanne Sauve Public School
  • Public
  • 1 - 8
St Alfred Catholic Elementary School
  • Catholic
  • JK - 8
Edith Cavell Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Jay Shaw
Phone:
(905) 685-0837
Office:
866-530-7737
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