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For saleMLS® X13587176

42 St. Paul Street W, St. Catharines, ON L2S 2C2

Ridley · L2S 2C2

$599,000

3 months on market

Lot
53.46 × 179.48 ft

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About this property

Unlock the potential of this exceptional infill development site at 42 St. Paul Street West, ideally located just minutes from Downtown St. Catharines, the GO Station, Ridley College, Ridley Heights, and the Marotta Family Hospital. This vacant 53' x 179' (approx.) lot is zoned M1 and presents an outstanding opportunity for developers and investors looking to capitalize on the growing demand for quality rental housing. The property includes an approved design concept for a 3-storey, 8 unit apartment building, featuring eight spacious 2-bedroom, 1-bathroom suites. The proposed scale offers an achievable and cost-effective development opportunity, making it well suited for small to mid-sized developers seeking a manageable project in a strong rental market. Site Plan, Grading and Servicing Plan and Planning Report available for review. Its central location provides residents with convenient access to public transit, major employment centres, schools, healthcare, shopping, restaurants, and recreational amenities, making it an attractive location for long-term tenants. Whether you're expanding your development portfolio or seeking your next purpose-built rental project, this property offers the ideal combination of location, zoning, and development potential in one of Niagara's fastest-growing urban markets.

Property details

Property

Property type
vacant land
Lot size
53.46 × 179.48 ft
Zoning
M1
Possession
Anytime

Interior

Exposure
North

Costs

List price
$599,000
Property taxes
$5,182 / year (2026)

Listing

MLS® number
X13587176
Status
For sale
Listed
July 21, 2026
Days on market
107
Last updated
October 26, 2026
Listing brokerage
ROYAL LEPAGE NRC REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 32% of comparable vacant land listings in St. Catharines are asking less.

$175KMedian $1.16M$4.94M

Based on 34 comparable active vacant land listings in St. Catharines. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.8% · minimum $34,900
$34,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,119.01
Property tax (est.)
$431.86
Estimated monthly
$3,551

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$8,455
Total due on closing
$8,455

An estimate on the asking price of $599,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE NRC REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$599,000

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