Welcome to this remarkable [] land located in the coveted neighborhood of 462 - Rykert/Vansickle. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,495,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
This 1.31 acre property is site plan approved for fourteen condominium townhouses with zoning in place to potentially allow up to an additional14 ADU's. The buyer may wish to seek the financial advantage of government programs and build a purpose-built rental project on the site. The City of Catharines has approved reduced and deferred DC's for such projects. The city has also approved up to two years from the signing of the site plan agreement to commence construction and 4 years from signing the site plan agreement to complete the development. The property is located near Highway 406 and all city amenities, including big box stores, Benny Marotta Hospital, and the GO Station. This property's location will undoubtedly attract first-time buyers and renters alike. The two existing dwellings on site offer current holding income of $5,400 monthly. Please do not disturb residents nor walk the site without listing agent approval.
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Data-driven valuation for 206/208 Rykert Street, St. Catharines, ON L2S 2B7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
No current listings found in St. Catharines.
Comprehensive city-wide demographics, local real estate stats, and school rankings for 462 Rykertvansickle, St Catharines.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.