394 MERRITT Street
St. Catharines, Ontario
954 sqft • Retail
Possible VTB (Vendor Take Back financing)___Ideal property to acquire and establish a used car sales business___with the option to purchase (additional) an established Clean And Shine Auto Sales Limited, including OMVIC dealer license (in good standing)___The business has been successfully operating since 1973 with a loyal customer base___Traffic count 20,000 vehicles/day approx___Merritt St. is a central hub, close to Brock University, Niagara College, the Meridian Centre, and Pen Centre Mall, highway access is 4 minutes away___Merritt St. is located 16 minutes from Niagara Falls, 20 minutes from Niagara-on-the-Lake and Wine Country, 29 minutes from the US/Canada border---A New close by GO Train station is currently under construction.
Price History
Schools
Elementary
- St Theresa Catholic Elementary School0.6 km
Catholic · Niagara CDSB · 200 students
Grade 3 reading: 94% met the provincial standard
- Ferndale Public School0.9 km
Public · DSB Niagara · 390 students
Grade 3 reading: 90% met the provincial standard · Grade 6 math: 66% met the provincial standard
- Applewood Public School1 km
Public · DSB Niagara · 185 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 88% met the provincial standard
Secondary
- Sir Winston Churchill Secondary School1.4 km
Public · DSB Niagara · 1025 students
Grade 10 literacy: 91% met the provincial standard
- Pope Francis Catholic Secondary School1.9 km
Catholic · Niagara CDSB · 190 students
- Niagara Catholic Online Secondary School1.9 km
Catholic · Niagara CDSB
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L2P
- Population
- 15,128
- Private dwellings
- 6,706
- Median age
- 40
- Average household size
- 2.3
- Median household income
- $71,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Retail in St. Catharines · last 12 months
- Median sold price
- $540,000
- Homes sold
- 1,611
- Median days on market
- 26
- Sale-to-list price
- 96.6%
Based on 1,611 recorded sales of retail properties in St. Catharines over the last 12 months.
Location
Mortgage Calculator
$167,000
Estimated Monthly Payment
$4,102
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,102/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $209/mo
Estimates only. Consult a financial advisor.
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