1/15385 ST. PAUL STREET, St. Catharines (Downtown)
385 ST. PAUL STREET, St. Catharines (Downtown), ON L2R3N1
$1.1M total
—
Asset Class
Retail
Size
—
Building class
C
Zoning
CSC — Shopping Centre
$ / SF
—
Occupancy
99%
About this property
YOUR NEXT INVESTMENT STARTS ON ST. PAUL! Positioned in downtown St. Catharines, TWO INCOME STREAMS. ONE COMPELLING OPPORTUNITY! Welcome to 385 St. Paul Street, a fully rented, two-storey mixed-use property with a commercial tenant on the main floor and residential tenants upstairs. The upper level features two full bathrooms, shared kitchen and living space, laundry and four skylights. A prominent commercial storefront, basement storage, rear outdoor area, parking for 3-5 vehicles (Court Alley) access add functionality and appeal. C6 Downtown Traditional Main Street zoning supports a mix of commercial business activities, subject to applicable city approvals. This property combines current rental income with long-term versatility. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$78K
Annual cash flow
$18K
Cash-on-cash
5.50%
DSCR
1.30
Going-in cap
7.19%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
80,874
Households
27,993
Median income
$116,000
Median age
45.9
Daytime population
135,455
5-yr growth
6.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 385 ST. PAUL STREET, St. Catharines (Downtown).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.