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Listed 20 days ago

177 James Street

451 - Downtown, St. Catharines

$319,900

Detached|Bungalow
2 | 1 | 3
About this home

Prime Downtown Opportunity with Flexible C1 Zoning & Private Rear Parking For 3-4 Vehicles (W/Potential For More Parking Space). Highly visible detached bungalow on a 37x100ft lot in the heart of downtown St. Catharines, offering a variety of permitted commercial uses and excellent exposure for your business. Originally a 2-bedroom single-family home and later converted to a commercial office use, the property offers a unique and functional residential-style layout.The main level features a large open office/reception area, a kitchen, a full 4-piece bathroom, 2 private offices, an additional open workspace, and a convenient rear-entry laundry/mudroom area. The former residential design creates a welcoming atmosphere while providing flexibility for a range of professional, office, service, and commercial uses. Situated in a prominent downtown location with parking for 3-4 vehicles at the rear of the property, this is an excellent opportunity for business owners, investors, or professionals seeking a stand-alone commercial building with exceptional visibility and accessibility. Why lease when you can own your own commercial space and invest in your own equity? A rare opportunity to secure an affordable well-located commercial property in one of St. Catharines' most established business districts. The City of St. Catharines Requires Rezoning and/or Permits For Mixed Use or Home Based Business. *Some Photos Have Been Virtually Staged.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,812
Lot Size37 ft x 100 ft
mls© NumberX13768048
Listed ByROYAL LEPAGE NRC REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,637
Property tax
$651
Heat allowance
$150
Housing costs
$2,438 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $63,980
25-yr amortization

Income needed

$75,000

gross annual household income

Payment at 4%
$1,346 / mo
Cash down
$63,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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