$449,900

Prime 6-Unit Commercial Infill - Fully Planned & Investor-Ready Located 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. QUALIFIES FOR CIP ADU GRANT PROGRAM! BIG PROJECT SAVINGS! BUILDING PERMITS IN PROGRESS! (id:66036)