25 YMCA Drive, St. Catharines, ON L2N 7P9

$22,000,000

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Property Description

Colliers Private Capital Investment Group is pleased to present the opportunity to acquire 25 YMCA Drive, St. Catharines, ON (the "Property" or the "Site"), a vacant 107, 873 Sf, 3-storey commercial building located immediately north of the Queen Elizabeth Way in one of St. Catharines' premier commercial corridors. Previously operated as a YMCA facility, the Property features a range of existing recreational and community amenities, including an indoor swimming pool, fitness and exercise areas, gymnasium and associated change room facilities. The Property is a 1-minute drive from the QEW, 4 minutes from Downtown St. Catharines, 9 minutes from the City's largest hospital, 13 minutes from the GO Station, and 15 minutes from Brock University. The Property offers significant future development potential, with zoning supporting high-density mixed-use redeveopment and a proposed concept comprising 1,648,997 SF of above-grade GFA across four towers ranging from 28 to 48 storeys, totaling 1,902 units.

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Listing courtesy of COLLIERS.