Own a fully leased commercial condo in the heart of downtown St. Catharines , an exceptional investment opportunity at Suite 202, 43 Church Street. Secured with a multi year lease, until July 31, 2028, to a AAA tenant, this property delivers immediate, reliable income with an attractive cap rate. Condo area 1,162.2 sq. ft., Leasable area 1,375 sq ft. Base Rent $10 / sq ft. +TMI $13.19 /sq ft. , Common Fees are $901.87, Property Taxes for 2025 are $5406.75. One Tandem parking included: Unit #22. This beautifully designed office space offers a bright, modern, and highly functional layout in the vibrant Downtown Core. The open-concept workspace is flooded with natural light through expansive windows and includes a professional reception area, and the convenience of underground parking. Ideal for investors seeking stable returns, this versatile commercial condo is well-suited for professional offices, service-based businesses, or medical-related uses. Positioned steps from restaurants, bars, the Courthouse, City Hall , shopping, and countless amenities. This prime location enhances both tenant appeal and long-term value. (id:374)
| MLS # | X13734028 |
|---|---|
| Listing Type | For Sale |
| Style | Offices |
| Status | Active |
| Days On Site | 61 |
| Listing Provided By | REVEL Realty Inc., Brokerage | Dale Petrie |
| SQ Feet | 1,162 |
|---|---|
| Zoning | C5-92 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Hot water radiator heat, Natural gas |
| Fireplace Yes / No | No |
| Lot Features | Elevator |
|---|
| Parking Features | Underground |
|---|---|
| Parking Total | 1 |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 5406.75 |
|---|
| Province | ON |
|---|---|
| City | St. Catharines (Downtown) |
| Postal Code | L2R7E1 |
| Listing VS Median (in L2R7E1) | |
Price: $211,000 low | high Med: $389,000 sqft: 1,162 low | high Med: 2,185 $ / sqft: $182 low | high Med: $178 On site: 61 low | high Med: 61 | |
| Province | ON |
|---|---|
| City | St. Catharines (Downtown) |
| Postal Code | L2R7E1 |
| Listing VS Median (in L2R7E1) | |
Price: $211,000 low | high Med: $389,000 sqft: 1,162 low | high Med: 2,185 $ / sqft: $182 low | high Med: $178 On site: 61 low | high Med: 61 | |