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Key Facts

Type Investment
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $17,398
Days Active 1
Approx. Age 
MLS® Number X12313652

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 30 Bellevue Terrace a former retirement/group home situated on a massive 150' 165' lot in the Western Hill neighbourhood of St. Catharines. This approximately 5, 000 sq. Ft. Building (buyer to verify) features 12 self-contained units, each with its own private ensuite bathroom. A shared kitchen is located in the basement. Units are approximately 300 sq. Ft. Each, originally designed for private senior or group living accommodations.The property is currently vacant and requires extensive renovation and cleanup. However, the building's core layout remains intact and may be suitable for a restoration or adaptive reuse project. The site is zoned R2, and was previously used as a licensed group lodging/retirement home. Buyers interested in continuing this use should conduct their own due diligence with the City regarding non-conforming use, licensing, and zoning requirements. Alternatively, the property is also being marketed as a residential redevelopment site with a proposed plan for 7 townhomes and 1 semi-detached dwelling (see alternate MLS listing). Located in a rapidly improving neighbourhood near transit, retail, parks, schools, and healthcare, this site presents strong long-term upside for both institutional and residential developers.Seller may consider a $1, 000, 000 VTB in first position, terms negotiable, in first position to qualified buyers. A rare financing opportunity to support repositioning this asset. Buyer to verify all measurements, zoning, and approvals. Property sold as-is, where-is. Seller makes no representations or warranties.Show Description
MLS® NumberX12313652
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas Forced Air Closed
A/CYes
Heating Fuel

Extras

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