For Sale

14 St Catharine Street, St. Thomas, Ontario N5P 2V6

$575,000

14 St Catharine Street, St. Thomas, Ontario N5P 2V6 is For Sale and has a listing price of 575,000. The property is located in the St. Thomas neighbourhood . It's been on the website for 71 Days.

  • Investment
    Property Type
  • MLS ID: X12034111
  • Office Name ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Property Description

Discover a versatile 6,300 sq ft vacant building, zoned C2, with pre-approved architectural plans to convert the space into 10 or 11 modern residential units. This opportunity offers immediate upside for investors seeking a turnkey redevelopment project.Strategically located in the vibrant heart of downtown St. Thomas, the property boasts excellent visibility and is within steps of City Hall, the public library, parks, retail, dining, and transit. Comprehensive due diligence has been completed, including a clean ESA Phase 1 and a recent survey, ensuring confidence and readiness for development.Additionally, the asset features a rear lot currently operating as a parking area, which can be repurposed to support the residential conversion or for further redevelopment. With essential services like municipal water, sewers, natural gas, and hydro in place, this property provides a solid infrastructure foundation for a high-quality project.Seize the opportunity to transform this blank canvas into a thriving residential hub, and secure strong future returns in one of Ontarios most dynamic urban centers.

Property Details
  • MLS ID: X12034111
  • Price: $575,000
  • Lot Depth: 162
  • Transaction Types: For Sale
  • Ref ID: X12034111
  • Year Built: N/A
  • Dir / Cross St: St Catharine & Talbot
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 51-99
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
03/21/2025 X12034111 $575,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
St. Thomas
  • $643,703 Average List Price
    based on 1 year
  • 18 New Listings
    based on 30 days
  • 118 Median Days on Market
    based on 1 year
  • List vs. Selling Price 73.59 % Up
  • Sold (12mo) 348
  • Rented (12mo) 66

  • 1 Month Change -12.6%
  • 3 Month Change -21.3%
  • 6 Month Change -18.7%
Walkscore
  • 77 Walk Score
    Very Walkable
  • 78 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    86.93%
  • Commercial
    8.29%
  • Condo
    4.73%
  • Land for Sale
    0.05%
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Y
  • Taxes: $7,727
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediately
  • Listing Entry Date: 21/03/2025 15:07:11
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