42 St. Paul Street W, St. Catharines

$599,000
42 St. Paul Street W

$599,000

New
32d
Land

42 St. Paul Street W, St. Catharines

Total Monthly Obligation $3,223

Beds
0
Baths
0
Park
0
DOM
32d
Property Type-Land
MLS® Number-X13810370
Beds-0
Lot Size-53.46 × 179.48 ft
Listed on site-Sep 21, 2026
Building Type-Land
Taxes-$5,182.36 (2026)
Brokerage-ROYAL LEPAGE NRC REALTY
Fireplace-No
Pool-None
Sewer-Sanitary Available
Possession-Immediate
Neighbourhood-459 - Ridley
Title-Commercial

No agent assigned

Unlock the potential of this exceptional infill development site at 42 St. Paul Street West, ideally located just minutes from Downtown St. Catharines, the GO Station, Ridley College, Ridley Heights, and the Marotta Family Hospital. This vacant 53' x 179' (approx.) lot is zoned M1 and presents an outstanding opportunity for developers and investors looking to capitalize on the growing demand for quality rental housing. The property includes an approved design concept for a 3-storey, 8 unit apartment building, featuring eight spacious 2-bedroom, 1-bathroom suites. The proposed scale offers an achievable and cost-effective development opportunity, making it well suited for small to mid-sized developers seeking a manageable project in a strong rental market. Site Plan, Grading and Servicing Plan and Planning Report available for review. Its central location provides residents with convenient access to public transit, major employment centres, schools, healthcare, shopping, restaurants, and recreational amenities, making it an attractive location for long-term tenants. Whether you're expanding your development portfolio or seeking your next purpose-built rental project, this property offers the ideal combination of location, zoning, and development potential in one of Niagara's fastest-growing urban markets.

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Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,223/mo
Mortgage $2,416
Monthly Loss $2,587
Principal$636
Interest$1,780
Property Tax$432
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 42 St. Paul Street W

Time

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Data last updated within the past 24 hours.