
333-341 Merritt Street
St. Catharines, ON
- 10,765 sqft
- Investment
- 74 days on market
Extremely rare investment opportunity with up to 9 rental units, retail, residential, a long established appliance sale/repair business (1976) is included and further possible land development. The property currently includes 3 retail storefronts, one restaurant/bar with parking, 4 residential apartments, a fenced rear compound lot, further parking lot and an onsite detached house with private parking. This exclusive land assembly offering demonstrating pride of ownership, presents a rare opportunity to acquire a strategically assembled portfolio of up to 5 income-producing mixed-use properties stretching over 1 full block of street frontage free city street parking, 198 ft deep lot and a strong combination of commercial and residential revenue streams. Positioned within established and evolving markets on a thriving main arterial route servicing south St. Catharines. The portfolio offers immediate cash flow, long-term stability, and significant upside potential for both private and institutional investors. Buyer to do their own due diligence regarding the potential for a scaled townhouse build at the rear of the property on Walnut Lane. Parking potential or 15 or more vehicles updated furnace and roof, floor plans available.24 hrs notice for showings
Listing Details
- Taxes (2025)
- $22,038
- Listed
- June 24, 2026
Price History
Property
- Age
- 51-99
- Lot Size
- 132.03 x 198.18 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Glendale
- Zoning
- M1,R2
- Parcel Number
- 463380371
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Commercial
- Office / Apartment Area
- 3945 Sq Ft
Community
Postal area L2T
- Population
- 11,401
- Private dwellings
- 5,309
- Median age
- 42
- Average household size
- 2.3
- Median household income
- $74,500
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
Commercial in St. Catharines · last 12 months
- Median sold price
- $540,000
- Homes sold
- 1,623
- Median days on market
- 26
- Sale-to-list price
- 96.6%
Based on 1,623 recorded sales of commercial properties in St. Catharines over the last 12 months.
Listed by
ROYAL LEPAGE NRC REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 10,765 sq ft
- Price per sq ft
- $232.23
- Annual property tax
- $22,038
- Tax per sq ft
- $2.05
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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