I have listed a new property at 30 Bellevue Terrace in Niagara. See details here

Rare Redevelopment Opportunity in Rapidly Improving St. Catharines Neighbourhood! Welcome to 30 Bellevue Terrace an oversized 150 ft x 165 ft lot located in the heart of Western Hill, just minutes from downtown, Brock University, public transit, shopping, schools, parks, and more. Approved concept plan for a 7-unit townhouse project plus a 2-storey semi-detached home. A Site Plan Application (SPA) has been submitted and is currently pending with the City of St. Catharines.This site offers strong upside for builders, developers, and infill investors looking for a project in one of Niagaras fastest-growing areas. The lot is zoned R2, and municipal services are available at the lot line (buyer to verify). The surrounding neighbourhood is undergoing significant intensification, supporting long-term growth and resale value.The property also contains an existing structure (approx. 5,000 sq. ft., previously used as a 12-unit retirement/group home with ensuites and shared kitchen). While now vacant and in disrepair, the structure may offer potential for adaptive reuse, subject to City approval and buyer due diligence. Seller may consider a Vendor Take-Back Mortgage of up to $1,000,000 in first position, subject to terms and buyer qualification .Buyer to conduct their own due diligence regarding zoning, building permits, servicing, and future use. Property sold as-is, where-is. Seller makes no representations or warranties.

I have listed a new property at 30 Bellevue Terrace in Niagara. See details here

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.