A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 5 Haight St, St. Catharines Ontario L2P 2L9

5 Haight St, St. Catharines, Ontario L2P 2L9

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$499,900
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Description

Prime 6-Unit Commercial Infill - Fully Planned & Investor-ReadyLocated in the desirable Oakdale neighbourhood of St. Catharines, surrounded by purpose-built lots and townhouse developments, this strategically designed 6-unit infill project features fully approved severed lots with new PINs on a 49.51' x 148.5' lot. The development includes semi-detached units with basement SDUs and detached rear ADUs. Upper units are 1,500 sq. ft. with 3 bedrooms and 2.5 baths, lower basement SDUs are 500 sq. ft. with 1 bedroom and 1 bath, and detached ADUs are 300 sq. ft. bachelor units. Projected annual gross rental income is $144,000. This is a shovel-ready site, fully approved and ready for construction.All approvals, studies, and plans are in place for a smooth development process, including Consent to Severance, Grading & Site Condition Plans, Planning Application Fee, Engineered Floor Joist & Truss, Stage 1 & 2 Archaeological and Phase 1 & 2 Environmental Assessments (Oakhill Environmental), HVAC Engineering, Architectural Drawings for Semi-Detached Units & Garden Suites, Consent Sketch & Survey, Service Plan, City Parkland & Boulevard Tree Fees, and CMHC MLI Select Energy Modelling Report completed by PL Energy Services.


Property Details

StyleDesignated
View-
Age of property-
SqFt-
Lot Size7,352 SqFt(148.5 x 49.51)
Parking Spaces-
MLS ®NumberX12544384
Community NameMerritton
Data SourceTRREB
Listing byREVEL REALTY INC.

Features

Lot size: 7,352 SqFt

Property listed by REVEL REALTY INC., Brokerage
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Market Data - Merritton

Geo Zone Map ThumbnailMerritton

Balanced Market

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Land - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

52 days

Compared to

2024

32 days

2023

42 days

2022

22 days

New Listings

Past 30 days

40 listings

Compared to

2024

37 listings

2023

37 listings

2022

34 listings

Units sold

Past 30 days

18 units

Compared to

2024

12 units

2023

12 units

2022

10 units

Median Sold Price

Past 30 days

$542,500

Compared to

2024

$579,950

2023

$525,000

2022

$483,500


Population and Demographics

Overview

Total population 14503
Average household income $97,974

Age (%)

0 to 19
21%
20 to 34
23%
35 to 49
18%
50 to 64
20%
65 and plus
19%

Household composition (%)

Single family
63%
Single person
29%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
87%
Others
3%
French
2%
Spanish
2%
Italian
1%
Arabic
1%
Polish
1%

House tenancy (%)

Owners
65%
Renters
35%

What’s nearby?Essentials within 5 km

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