Own a fully leased commercial condo in the heart of downtown St. Catharines , an exceptional investment opportunity at Suite 203 , 43 Church Street. Secured with a multi year lease, until July 31, 2028, to a AAA tenant, this property delivers immediate, reliable income with an attractive cap rate. Condo area 1892.8 sq. ft., Leasable area 2250 sq ft. Base Rent $10 / sq ft. +TMI $13.19 /sq ft. , Common Fees are $1468.83, Property Taxes for 2025 are $8134.35. One Tandem parking and included: Unit #21. This beautifully designed office space offers a bright, modern, and highly functional layout in the vibrant Downtown Core. The open concept workspace is flooded with natural light through expansive windows and includes a professional reception area, and the convenience of underground parking. Ideal for investors seeking stable returns, this versatile commercial condo is well-suited for professional offices, service based businesses, or medical related uses. Positioned steps from restaurants, bars, the Courthouse, City Hall , shopping, and countless amenities. This prime location enhances both tenant appeal and long term value. (id:61445)
| MLS® Number | X13182300 |
| Property Type | Office |
| Community Name | 451 - Downtown |
| Features | Elevator |
| ParkingSpaceTotal | 1 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| SizeInterior | 2185 Sqft |
| Type | Offices |
| UtilityWater | Municipal Water |
| Underground |
| Acreage | No |
| SizeDepth | 295 Ft ,8 In |
| SizeFrontage | 107 Ft |
| SizeIrregular | 107.04 X 295.73 Ft |
| SizeTotalText | 107.04 X 295.73 Ft |
| ZoningDescription | C5-92 |
https://www.realtor.ca/real-estate/29810226/203-43-church-street-st-catharines-downtown-451-downtown
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Dale Petrie
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