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Lot 16 – St. Catharines
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Lot 16 – St. Catharines

St. Catharines ·

Overview

About Lot 16 – St. Catharines

Lot 16 is a new community of stylish Modern Townhomes coming soon to St. Catharines near Westchester Cres & Oakdale Ave – a prime location for those seeking the perfect blend of natural serenity and city convenience! Neighbouring the scenic Canal Valley Park, residents will find themselves immersed in nature while numerous urban amenities are just minutes away including Highway 406, Downtown St. Catharines, the St. Catharines VIA Rail Station, SmartCentres St. Catharines West, Fairview Mall, Brock University, Niagara Falls and the US Border. With the population of the Niagara Region expected to grow to 610,000, Lot 16 is a smart investment for those looking to capitalize on the increasing demand for real estate in the years to come! REASONS TO BUY* • POPULATION INCREASE & ECONOMICAL OUTLOOK St. Catharines is the largest city in the Niagara Region which is forecasted to grow to 610,000 people by 2041 – a 28% increase from current numbers. In addition, the region is also projected to gain 80,000 new jobs within the same time period. This increase in population and employment will lead to a rise in housing demand, offering a very healthy return for those getting into the market now. • LOCATION, LOCATION, LOCATION St. Catharines is situated in the northern part of the Niagara Region, just off of the QEW and within a short distance to the thriving tourism industry in Niagara Falls and Niagara-on-the-Lake. With over 13 million annual visitors, the region boasts 150 hotels and motels, more than 90 wineries, over 40 golf courses, 2 casinos, and 40,000 jobs in the tourism industry. This industry generates over $2.4 billion in annual spending, which continues to boost the local real estate market. • CONNECTIVITY & EDUCATION St. Catharines is serviced by numerous convenient transportation options, including the QEW, Highway 406, Highway 81, GO Transit, Niagara Region Bus, four international border crossings, and three international airports that are within a 100 km radius. The city’s connectivity is improving even more as GO Transit expands its service from St. Catharines to downtown Toronto’s Union Station, making travel throughout southern Ontario even more accessible. Additionally, St. Catharines is home to Brock University, which is recognized as one of Canada’s top post-secondary institutions and has a student population of over 19,000 and 600 faculty members. • REPUTABLE DEVELOPER Founded by a group of industry leaders with a 360-degree vision for the future, Sphere is a world away from the usual development company. With a boutique focus on finding and developing properties of unique and enduring appeal, Sphere takes a full circle approach to home building. The leadership team at Sphere Developments has decades of combined experience in the financing, development and sales of real estate projects from luxury custom builds to high rise towers. The teams expertise and experience enables them to be hands on with every aspect of the business, including underwriting, rezoning, design, budgeting, marketing, sales, and evaluating new acquisitions.

Address

16 Melbourne Ave, St. Catharines, ON L2P 3J8, Canada

Home type

Townhomes

Deposit

Only 5% down before occupancy

Why invest here

    Platinum incentives

    • ●Absolute first access to pricing and floor plans
    • ●The best incentives and promotions
    • ●Extended deposit structures
    • ●Capped development levies
    • ●Right of assignment
    • ●Free lawyer review of your purchase agreement
    • ●Free mortgage arrangements

    Location & lifestyle

    16 Melbourne Ave, St. Catharines, ON L2P 3J8, Canada · St. Catharines

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    What would this cost per month?

    Mortgage estimate — Lot 16 – St. Catharines

    Based on the starting price of $739,990. Adjust the numbers to match the suite you're considering.

    $739,990
    20% · $147,998
    4.49%

    Amortization

    Estimated payment

    $3,273 /mo

    or $1,511 bi-weekly

    Mortgage amount
    $591,992
    First payment — interest
    $2,195
    First payment — principal
    $1,079
    Total interest over term
    $389,976

    Need land transfer tax and closing costs too? Open the full calculators.

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