Welcome to this remarkable investment located in the coveted neighborhood of 443 - Lakeport. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,898,000 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.
Investment Opportunity! Exceptional mixed-use commercial building situated along one of St. Catharines' most sought-after business corridors. Offering approximately 6,800 sq. ft. of well-maintained space, this income-producing property presents an outstanding opportunity for investors seeking stable cash flow and long-term appreciation. This two-storey building offers a versatile layout featuring multiple private offices, eight bathrooms, kitchenettes, storage and two spacious warehouse areas with 10' x 10' shipping doors, accommodating a variety of commercial tenants and business operations. A standout feature is the beautifully renovated (2018) second-floor residential apartment, complete with 1 bedroom, 2 bathrooms, in-suite laundry, ample storage, and a dependable long-term tenant, providing an additional diversified income stream. Situated on a good size lot with ample on-site parking, the property benefits from outstanding visibility, strong street presence and convenient access to the QEW, ensuring seamless connectivity for employees, customers, and deliveries. Additional features include forced-air gas heating and central air conditioning for year-round comfort. Zoned E1 - Business Commercial Employment, this property permits a broad range of uses including office, retail, restaurant, light industrial, residential, recreational facilities, animal care services, and many other commercial applications. This is a rare opportunity to acquire a high-visibility, investment property with a 6% CAP rate, in a prime commercial location with excellent tenant appeal, flexible zoning, and strong long-term income potential.
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Major Highway, Public Transit
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 13-15 SECORD Drive, St. Catharines, ON L2N 1K9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in St. Catharines.
About Purchasing a Home in St. Catharines, ON
For a property listed at $1,898,000 in St. Catharines, the legal minimum down payment is $379,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $34,435 for this transaction. As this listing is in St. Catharines (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $34,435.
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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.