Gurvinder Nokwal REALTOR®
For Sale Vacant Land 89 days on market

$599,000

Est. payment $2,652/moCalculate yours

42 St. Paul Street W, St. Catharines, ON L2S 2C2

459 - Ridley, St. Catharines, ON L2S 2C2

Map

Listing courtesy of ROYAL LEPAGE NRC REALTY MLS® X13587176

About this home

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.

Property details

Overview

Property Type
Vacant Land
For
For Sale
Status
New

Lot & Parking

Lot Size
53.46 x 179.48 Feet
Zoning
M1

Financial

Property Taxes
$5,182 (2026)

Location

Neighbourhood
459 - Ridley
Cross Street
Louth St.
Direction Faces
North

Listing

MLS® Number
X13587176
Days on Market
89
Listed On
2026-07-21
Possession
Anytime
Listed By
ROYAL LEPAGE NRC REALTY

Mortgage calculator

Minimum for this price: $34,900 (5.83%)

Amortization, years

Estimated mortgage payment

$2,652 per month

Principal and interest
$2,652
Property tax
$432
Estimated monthly cost
$3,084

Your mortgage

Mortgage amount
$479,200
Mortgage insurance
Not needed
Interest over 25 years
$316,473

Cash to close

Down payment
$119,800
Land transfer tax
$8,455
Total, before legal fees
$128,255
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

42 St. Paul Street W, St. Catharines, ON L2S 2C2 459 - Ridley, St. Catharines, ON L2S 2C2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$599,000 42 St. Paul Street W, St. Catharines, ON L2S 2C2
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