Property
| Ownership: | For Sale |
|---|---|
| Type: | Land |
Financials
Price:C5,125,000
($3,659,600)
(€3,267,200)
Annual Taxes:C62,283
VENDOR TAKE BACK FINANCING may be available.
Description
VENDOR TAKE BACK FINANCING may be available. The Vendor has indicated a willingness to consider meaningful vendor take-back financing for a financially qualified purchaser, subject to mutually acceptable terms and conditions. RARE COMMERCIAL LAND DEVELOPMENT OPPORTUNITY located along the Fourth Avenue commercial corridor. A corner lot with 400 feet frontage along Fourth and offers easy access toHighway #406. This property is in close proximity to Smart Centres, the Fourth Avenue West Shopping Centre, Marotta Family Hospital, First onFourth Condominiums and many retail and service commercial enterprises. West St. Catharines is undergoing significant transformation withdevelopments zoned for high-intensity; mixed use and long term care development considerations, as well as, residential projects. There is astrong push for residential intensification and mixed use developments in this area which will only make ownership of this property moreattractive. Have a look at the attached brochure which provides an excerpt of permitted uses within the C4-Major Commercial Zone. This is anopportunity worth considering whether for immediate or short term development, or as a longer term land holding for investment purposes. FIRST MORTGAGE financing may be available for a portion of the purchase price at a commercially competitive interest rate and for a mutually agreed term. Call to discuss.
Amenities
- Major Highway
- Public Transit
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.