
Welcome to this remarkable vacant land located in the coveted neighborhood of 459 - Ridley. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $599,000 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.
Unlock the potential of this exceptional infill development site at 42 St. Paul Street West, ideally located just minutes from Downtown St. Catharines, the GO Station, Ridley College, Ridley Heights, and the Marotta Family Hospital. This vacant 53' x 179' (approx.) lot is zoned M1 and presents an outstanding opportunity for developers and investors looking to capitalize on the growing demand for quality rental housing. The property includes an approved design concept for a 3-storey, 8 unit apartment building, featuring eight spacious 2-bedroom, 1-bathroom suites. The proposed scale offers an achievable and cost-effective development opportunity, making it well suited for small to mid-sized developers seeking a manageable project in a strong rental market. Site Plan, Grading and Servicing Plan and Planning Report available for review. Its central location provides residents with convenient access to public transit, major employment centres, schools, healthcare, shopping, restaurants, and recreational amenities, making it an attractive location for long-term tenants. Whether you're expanding your development portfolio or seeking your next purpose-built rental project, this property offers the ideal combination of location, zoning, and development potential in one of Niagara's fastest-growing urban markets.
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This vacant land located at 42 St. Paul Street, St. Catharines is currently for sale and has been available on SousaSells for 16 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 42 St. Paul Street, St. Catharines is in the 459 - Ridley neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in 459 - Ridley, St. Catharines.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 42 St. Paul Street, St. Catharines, ON in 459 - Ridley, St. Catharines is $599,000.
This property features 0 bedrooms and 0 bathrooms.
42 St. Paul Street, St. Catharines, ON is a Vacant Land () featuring a basement.
Heating is provided via standard central heat and cooling via .
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 42 St. Paul Street W, St. Catharines, ON L2S 2C2
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 $599,000 in St. Catharines, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.
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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.