Exceptional mixed-use investment opportunity in the heart of Downtown St. Catharines. The property offers an attractive Vendor Take-Back (VTB) mortgage at 5.5% for up to two years with only $300,000 down. Insurance is already in place and can be seamlessly assigned to the new owner, ensuring a smooth transition. The building features two street-level commercial units, including a successful restaurant and bar, along with upper-level residential apartments, all with separate utilities. The property is currently configured as two owner-occupied apartments and can be easily converted back to its original four-apartment layout, creating immediate value-add potential.The asset qualifies for the St. Catharines Downtown Forgivable Loan Program (DFLP), offering up to $100,000 in grants for each new residential unit created, plus an additional $50,000 grant for elevator installation or barrier-free improvements. With 12 on-site parking spaces, a full basement, and excellent exposure in a high-traffic downtown location, this property delivers strong existing income, compelling redevelopment incentives, and long-term upside in one of Niagara's most active urban core.