$349,900
228 QUEENSTON Street
Beds
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Baths
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Sqft
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Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Vacant building lot with approved plans for a 3-unit residential development in a growing area of St. Catharines. The property is zoned M1 and benefits from an Official Plan designation supporting mixed-use, including residential, offering strong flexibility for redevelopment . Significant upfront work has already been completed, including minor variance approval and full building permit issuance for a purpose-built triplex. Plans allow for a 3-storey residential building with three self-contained units, designed in compliance with current building code requirements . The current owner has invested over $55,000 in pre-development costs, including permits, development charges, servicing upgrades, and site preparation. This represents a major time and cost savings for a buyer looking to move forward quickly with construction. The lot is approximately 38 ft frontage with good depth and is located along Queenston Street with convenient access to downtown St. Catharines, transit, and nearby commercial amenities. The surrounding area continues to see ongoing redevelopment and intensification, making this an attractive opportunity for investors and builders alike. (id:65958)
- Subtype
- Vacant Land
- Community
- 446 - Fairview
- Common interest
- Freehold
- On market
- Apr 14, 2026
- Status changed
- Apr 14, 2026
- Annual tax
- $977
- Zoning
- M1
- Photos
- 4
- MLS#
- 40817293
- Area
- ST._CATHARINES
Features and systems
Basement
Community
Utilities
Cash on cash
3.15%
Cap rate
5.50%
GRM
12.1
Break-even rent
$2,206
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for St. Catharines. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.