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333-341 Merritt Street

333-341 Merritt Street

St. Catharines, ON

  • 10,765 sqft
  • Investment
  • 74 days on market
$2,500,000

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

81

Walk

45

Transit

69

Bike

Scores by Walk Score®

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.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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