
$1,000,000
St. Catharines · Rural Fourth
$998,000
Added 4 days ago
Property type
Detached
Style
Bungalow
Size
1100-1500 sqft
Lot
130.9 × 133.9 Feet
Parking
4.0 spaces
Taxes
$3,903 /yr
MLS®
X14146352
Listed by
RE/MAX NIAGARA REALTY LTD, BROKERAGE
**Prime Development Opportunity - Exceptional Investment Potential**Rare opportunity to acquire a strategically located development property with significant upside potential. This site offers the possibility to develop approximately **4 to 6 townhouse units, 2 detached or 4 semi-detached homes** (subject to municipal approvals and due diligence), making it an ideal project for builders, developers, and investors seeking to capitalize on the growing demand for quality residential housing. ***The property can be set up as 2 lots of 65.5' x 133' or combine into one large parcel of 130.90' x 133'.*** The property features a desirable location with convenient access to schools, shopping, parks, major transportation routes, and community amenities. Its configuration and size provide excellent flexibility for a townhouse development while maximizing land utilization and future value.Whether you're looking to expand your development portfolio or undertake your next residential project, this property presents an outstanding opportunity to create modern, high-demand housing in a sought-after area. Opportunities of this nature are increasingly difficult to find-don't miss your chance to secure a promising development site with substantial future potential. (The existing property is being sold in "as is, where is" condition, with no representations or warranties by the Seller.)
18 Phelps Street, St. Catharines, ONGet directions
Estimate your monthly payment
Estimated monthly payment
$4,433/mo
Principal + interest
$4,433
Total interest
$531,571
Estimate only. Excludes property taxes, heating and maintenance. Rates and terms subject to lender approval.
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$1,000,000
St. Catharines · Rural Fourth
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