



1/511 CARLTON STREET, St. Catharines (Haig), ON L2R1P5
$950,000 total
1,700 SF
Asset Class
Retail
Size
1,700 SF
Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
$559
Occupancy
91%
ATTENTION INVESTORS, DEVELOPERS, AND BUILDERS! THIS PREMIUM PROPERTY AT 11 CARLTON STREET IN ST. CATHARINES OFFERS A FLAWLESS "INVEST AND HOLD" OPPORTUNITY OF THE ULTIMATE CANVAS FOR A LUCRATIVE NEW CONSTRUCTION BUILDING. BOASTING A HIGHLY FLEXIBLE C3 COMMERCIAL ZONING AND AN EXTRAORDINARY, ULTRA-DEEP BACK LOT WITH CAPACITY FOR UP TO 50 CARS, THIS SITE IS A RARE POWERHOUSE ASSET WITH MASSIVE FUTURE APPRECIATION POTENTIAL. WHETHER YOU ARE LOOKING TO LAND-BANK A PRIME PIECE OF REAL ESTATE, GENERATE A STEADY MULTI-STREAM INCOME WHILE PLANNING YOUR PROJECT, OR IMMEDIATELY BREAK GROUND ON A BRAND-NEW COMMERCIAL OR RESIDENTIAL BUILDING, THIS PROPERTY DELIVERS ENDLESS POSSIBILITIES. IT IS THE ABSOLUTE PERFECT SET UP FOR A HIGH-CAPACITY AUTOMOTIVE SERVICE, CAR RENTAL AGENCY, FAST FOOD OR MEDICAL FACILITY. THE EXISTING SOLID 2-STOREY LEGAL DUPLEX IS MECHANICALLY OPTIMIZED WITH 3 SEPARATE HYDRO METERS AND A RELIABLE GAS BOILER HEATING SYSTEM. THE BRIGHT MAIN-FLOOR UNIT FEATURES A SPACIOUS LIVING ROOM, SEPARATE FORMAL DINING ROOM, EAT-IN KITCHEN, 4-PIECE BATHROOM, AND A LARGE PRIMARY (IDEAL FOR CLIENT RECEPTION OR OFFICE SPACE). THE PRIVATE UPPER-LEVEL UNIT OFFERS TWO ADDITIONAL BEDROOMS, A FULL KITCHEN, A 3-PIECE BATHROOM, AND A COZY FAMILY ROOM. PERFECTLY SITUATED DIRECTLY ACROSS FROM THE LANDMARK FORMER GENERAL MOTORS PLANT AND REDEVELOPMENT SITE, YOUR FUTURE BUILD OR BUSINESS WILL BENEFIT FROM HIGH VISIBILITY, LOCAL TRANSIT, AND RAPID ACCESS TO DOWNTOWN AMENITIES AND MAJOR HIGHWAYS. OPPORTUNITIES TO AQUIRE A LOT OF THIS SIZE AND WITH THIS ZONING DO NOT COME ALONG OFTEN. (id:66811)
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Monthly debt service
$4K
Projected NOI
$53K
Annual cash flow
$183
Cash-on-cash
0.06%
DSCR
1.00
Going-in cap
5.56%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Cascade Foods Inc. | 562 SF | 2028-02 |
| Cascade Foods Inc. | 400 SF | 2028-02 |
| Cascade Foods Inc. | 629 SF | 2028-02 |
Trade area within 3 miles of the property.
Population
141,849
Households
49,435
Median income
$136,500
Median age
39.3
Daytime population
229,013
5-yr growth
1.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 11 CARLTON STREET, St. Catharines (Haig).
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.