Welcome to this remarkable investment located in the coveted neighborhood of 451 - Downtown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $650,000 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.
Positioned on the prominent corner of William Street and King Street in the heart of downtown St. Catharines, this extensively renovated multi-unit commercial property presents an outstanding investment opportunity for those looking to acquire or expand a rental portfolio. Significant capital improvements have been completed throughout the building, including new electrical service with a 200-amp panel, all-new plumbing, a new furnace with ductwork, new hot water tank, new windows, doors, flooring, drywall, and insulation throughout the walls and ceilings. Two units have been substantially completed with renovated kitchenettes and washrooms, while two additional units have all plumbing rough-ins completed and are ready for finishing to suit your leasing strategy. Situated in a highly visible downtown location within walking distance of restaurants, retail, public transit, and numerous amenities, this property offers exceptional long-term income and value-add potential.
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This investment located at 27 William Street, St. Catharines is currently for sale and has been available on SousaSells for 16 days. This property is listed at $650,000 with an estimated mortgage of $2,164* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 27 William Street, St. Catharines is in the 451 - Downtown neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 27 William Street, St. Catharines, ON L2R 5H9
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 $650,000 in St. Catharines, the legal minimum down payment is $40,000 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 $9,475 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 $9,475.
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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.