💼 OFF-MARKET MIXED-USE INVESTMENT | TURN-KEY CASH FLOW | DEVELOPMENT UPSIDE

Rare opportunity to acquire a fully tenanted, cash-flowing mixed-use property in a rapidly evolving pocket of St. Catharines. This income-producing asset offers strong in-place returns with future development potential on an additional parcel.

Situated on a combined property including a vacant lot (No. 68) currently used for parking, this asset provides immediate stability with upside for investors looking to scale value.

💰 Financial Highlights:

Asking Price: $900,000
Gross Income: $6,800/month | $81,600/year
Net Operating Income: ~$55,100/year
Cap Rate: ~6%
ROI: ~6.2%
Cash Flow: Positive after financing

🏢 Property Details:

Approx. 4,700 sq ft building
3 Units Total:
- Commercial Gym: $3,000/month + utilities
- Residential Unit (3 Bed, 1 Bath): $2,100/month + utilities
- Residential Unit (2 Bed, 1 Bath): $1,700/month + utilities
Tenants pay utilities (strong expense control)
Turn-key operation with stable tenants

🌆 Additional Value:

68 Queenston St: Vacant lot (currently parking)
Zoning: M1 (Industrial)
Development potential for future expansion or intensification

📍 Location Highlights:

Close to downtown St. Catharines, restaurants, and nightlife
Near schools, grocery stores, and public transit
Easy access to QEW & Highway 406
Ongoing city-backed revitalization projects nearby (parks, public spaces, commercial growth)
Strong municipality support for development and long-term growth

📩 Investment Opportunity:

Off-market deal with strong cash flow, stable tenancy, and future upside. Ideal for investors seeking income + development potential in a growing market.

DM or email for full feature sheet and financial package.

Mix-Use Off Market Deal