LOT 16

  • From $619,990
16 Melbourne Ave, St. Catharines, ON, Canada, St Catherine
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  • Townhouse, Urban Town
  • Type
  • Sphere Developments
  • By
  • 8
  • Towns
  • 2025
  • Occupancy
Selling

LOT 16

16 Melbourne Ave, St. Catharines, ON, Canada, St Catherine
  • From $619,990

Description

Lot 16 Towns, by Sphere Developments, offers contemporary townhouses in a prime St. Catharines location. Nestled at Westchester Cres and Oakdale Ave, this development provides a perfect blend of nature and urban convenience. Residents will have quick access to St. Catharines VIA Rail Station, Downtown St. Catharines, Highway 406, Fairview Mall, Brock University, Niagara Falls, and the US Border. Surrounded by lush greenery, vineyards, and the iconic Niagara Escarpment, St. Catharines offers parks like Montebello Park, Short Hills Provincial Park, and the Welland Canal Parkway Trail. It’s a hub of arts and culture, home to galleries, museums, and the Marilyn I. Walker School of Fine and Performing Arts. Enjoy award-winning wineries, farm-to-table restaurants, and local markets in this vibrant city.

INVESTOR PERSPECTIVE (POV)

Population Growth and Economic Outlook:

  • St. Catharines, the largest city in the Niagara Region, is on track to experience significant growth. By 2041, the region is projected to reach 610,000 people, marking a substantial 28% increase from current population figures.
  • In tandem with population growth, the region is anticipated to add 80,000 new jobs within the same timeframe. This surge in both population and employment will result in heightened demand for housing, promising a favorable return for those investing in the real estate market.

Strategic Location:

  • St. Catharines is strategically positioned in the northern part of the Niagara Region, conveniently located just off the QEW (Queen Elizabeth Way). It also enjoys proximity to the thriving tourism hubs of Niagara Falls and Niagara-on-the-Lake.
  • The Niagara Region attracts over 13 million annual visitors, boasting a wealth of amenities, including 150 hotels and motels, 90+ wineries, 40+ golf courses, 2 casinos, and 40,000 jobs in the tourism sector. This robust industry generates an impressive $2.4 billion in annual spending, a factor that continues to invigorate the local real estate market.

Connectivity and Educational Excellence:

  • St. Catharines offers excellent connectivity through various transportation options, including the QEW, Highway 406, Highway 81, GO Transit, Niagara Region Bus, four international border crossings, and access to three international airports within a 100 km radius.
  • The city’s connectivity is set to improve further with GO Transit expanding its service from St. Catharines to downtown Toronto’s Union Station, enhancing accessibility throughout southern Ontario.
  • Home to Brock University, recognized as one of Canada’s top post-secondary institutions, St. Catharines boasts a student population of over 19,000 and a faculty of 600 members, further enriching the city’s educational landscape.

Trusted Developer – Sphere Developments:

  • Sphere Developments sets itself apart from the norm with a distinctive approach to property development. Founded by a group of industry leaders with a comprehensive vision for the future, Sphere focuses on identifying and developing properties with unique and enduring appeal.
  • The leadership team at Sphere Developments possesses extensive experience in financing, development, and sales of real estate projects, ranging from luxury custom builds to high-rise towers. Their hands-on expertise spans underwriting, rezoning, design, budgeting, marketing, sales, and evaluating new acquisitions, ensuring a holistic approach to home building.

Documents

Pelham - Income Model-Lot 16
  • City St Catherine
  • Province ON
  • Postal Code L2P 3J8

Details

Updated on November 21, 2023 at 4:04 pm
  • By: Sphere Developments
  • Price: From $619,990
  • Towns: 8
  • Main intersection: Westchester & Oakdale
  • Occupancy: 2025
  • Type: Townhouse, Urban Town
  • Project Status: Selling

Additional details

  • Size: 931 - 1267 sq ft
  • Maintenance: $0.16 / sq ft / month
  • Parking: $15,000
  • Deposit: $5,000 on signing
  • 5%: in 30 days

Floor Plans

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Contact Information

Jason Somnuk
  • Jason Somnuk

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Jason Somnuk
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