240 Ridley Road, St. Catharines

Price: $4,500,000

0 bedrooms, 0 bathrooms

8 sqft

Property Type: Land

MLS#: X13746492

Exceptional 7.84-acre E2-zoned industrial property offering prime development potential in one of St. Catharines' most strategic industrial corridors. With 664 ft of road frontage along Ridley Road West, this site provides excellent exposure, efficient access, and strong functionality for a wide range of industrial uses.The property is fully fenced, predominantly level, and supports outside storage as a permitted use, making it ideal for contractors, transportation and logistics operations, equipment yards, or future industrial build-out. Municipal services are located at the lot line, and with no local development charges, the site is well-positioned for development.A Phase 2 Environmental Assessment has been completed, providing added confidence for buyers looking for a ready-to-move-forward industrial opportunity.The location is highly connected-only minutes from the Hwy 406 interchange, with quick routes to the QEW, major transport links, and Niagara's key industrial nodes. Approximately 10,000 tons of certified 3/4" A gravel currently on-site can be included or removed prior to closing, depending on buyer needs.Industrial land of this size, zoning, and location is increasingly difficult to secure in St. Catharines, offering both immediate utility and long-term investment value.

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$4,500,000 - 240 Ridley Road, St. Catharines

Land for Sale in St. Catharines

33 days on market

Neighbourhood: 459 - Ridley

0Beds
0Baths
8Sq Ft
Land

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Property Details
MLS Number
X13746492
Property Type
Land
Status
active
Days on Site
33
Bedrooms
0
Bathrooms
0
Square Feet
8 sqft
Neighbourhood
St. Catharines
Taxes (2025)
$135,000
Listing Brokerage
BOLDT REALTY INC., BROKERAGE
Description

Exceptional 7.84-acre E2-zoned industrial property offering prime development potential in one of St. Catharines' most strategic industrial corridors. With 664 ft of road frontage along Ridley Road West, this site provides excellent exposure, efficient access, and strong functionality for a wide range of industrial uses.The property is fully fenced, predominantly level, and supports outside storage as a permitted use, making it ideal for contractors, transportation and logistics operations, equipment yards, or future industrial build-out. Municipal services are located at the lot line, and with no local development charges, the site is well-positioned for development.A Phase 2 Environmental Assessment has been completed, providing added confidence for buyers looking for a ready-to-move-forward industrial opportunity.The location is highly connected-only minutes from the Hwy 406 interchange, with quick routes to the QEW, major transport links, and Niagara's key industrial nodes. Approximately 10,000 tons of certified 3/4" A gravel currently on-site can be included or removed prior to closing, depending on buyer needs.Industrial land of this size, zoning, and location is increasingly difficult to secure in St. Catharines, offering both immediate utility and long-term investment value.

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Estimated Payment

$19,905.02/mo

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5-yr fixed avg.

Principal: $3,600,000Interest: $2,371,505
Mortgage Amount$3,600,000
Total Interest$2,371,505
Est. Property Tax$3,188/mo
Total Cost$5,971,505

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: 459 - Ridley

Discover 459 - Ridley

459 - Ridley is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 459 - Ridley

  • •Convenient location in St. Catharines
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

459 - Ridley offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

240 Ridley Road, St. Catharines

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Land Investment Considerations

Key factors for evaluating this land parcel

Land Due Diligence Checklist

· Confirm zoning designation and all permitted uses

· Verify servicing (water, sewer, hydro) at lot line

· Order a Phase 1 Environmental Site Assessment

· Obtain an up-to-date survey (boundaries, easements)

· Review development charges and levies with the municipality

· Consult a land use planner on development feasibility

Commercial Financing Note

Land financing typically requires 35–50% down with specialized lenders. Carrying costs (taxes, interest) accumulate during any approval or development process — factor these into your feasibility.

Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Zoning & Permitted Use

Before anything else, I'd confirm the current zoning designation and what's permitted on this land. Zoning dictates everything: residential subdivision, commercial development, agricultural use, or mixed. The St. Catharines planning department can also tell you what, if any, Official Plan amendments are in progress that could affect the permitted uses.

Land Market Timeline

Vacant land typically takes longer to sell than residential homes — 60 to 180+ days is common. Commercial and development-oriented buyers need time to conduct feasibility studies, consult planners, and arrange specialized financing. Don't read anything into the days-on-market figure without comparing to similar parcels in St. Catharines.

Servicing & Infrastructure

A key question for any land purchase: is it serviced (municipal water, sewer, gas, hydro at the lot line) or unserviced? Bringing services to an unserviced parcel can cost $50,000–$500,000+ depending on proximity and St. Catharines's development charges. This can make or break a project's feasibility.

Environmental & Survey

I always recommend a Phase 1 Environmental Site Assessment for land purchases — it checks for historical contamination from prior uses. If the Phase 1 flags anything, a Phase 2 (soil sampling) follows. Also budget for an up-to-date survey, which confirms boundaries, easements, and encroachments.

Development Approval Timeline

If you're buying with development in mind, factor in the approval timeline. Minor variance: 3–6 months. Site plan approval: 6–18 months. Official Plan amendment or rezoning: 1–3+ years. These timelines directly affect your carrying costs — property taxes and financing accumulate the entire time. Having an experienced planner and real estate lawyer on your team from day one matters.

Let's Walk Through It Together

Evaluating land requires a different lens than buying a home. I'll walk the site with you, help you ask the right questions of the listing agent, and connect you with the right professionals — planners, environmental consultants, commercial lawyers — to make sure you know exactly what you're buying before you commit.

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    240 Ridley Road, St. Catharines | $4,500,000 | Battaglia Team