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 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
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
113 Days
Property Views
22
MLS® Number
40804748
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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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
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-11.