
St. Catharines, ON L2M 6T6
Positioned on a high-exposure 1.44-acre property (147.9 x 472.52 Feet) at the busy intersection of Cushman Road and Welland Avenue and backing onto the Welland Canal Parkway, more than one structure used for residential purposes with at least one of the structures occupied permanently, this unique property offers incredible flexibility and future potential. The site currently features 5 separate structures: a brick duplex, another single-family home (white siding), a large detached garage, an additional garage/potential home/dwelling, and a large barn. With multiple income-generating structures already in place, there is a clear opportunity to continue the existing residential and mixed-use configuration, or take advantage of the site's General Employment (E2) zoning and redevelop into a wide range of permitted commercial or industrial uses. The full list of permitted uses is extensive (attached), but highlights under the E2 zoning include light and heavy industrial uses, car wash, contractor's yard, bulk fuel depot, transportation depot, research facility, motor vehicle repair garage and gas station, heavy equipment sales and service, as well as cannabis production and designated medical growth facilities. In addition, a variety of complementary and accessory uses are permitted, including retail, restaurants, service commercial uses, offices, and indoor recreation facilities. This is a rare opportunity to secure a large, highly visible parcel with multiple existing structures and a zoning designation that supports a broad range of residential, commercial, and industrial possibilities!
TRREB MLS® Attribution
MLS® X12993288
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$4,390
/month · $719,200 mortgage
Amortization
Total Interest
$597,781
Total Cost
$1,316,981
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX NIAGARA REALTY LTD, BROKERAGE