Just Listed
Address
58 Ontario Street, St. Catharines (Downtown), ON
Price
$ 998,500
Property Attributes
- ID#X13809304
- TypeMulti-Family
- Listing Status Active
- MunicipalitySt. Catharines (Downtown)
- CitySt. Catharines (Downtown)
- Area451 - Downtown
- Neighbourhood451 - Downtown
- Postal CodeL2R 5J4
- Style
- Price$ 998,500
- Bedrooms5
- Bathrooms2
- Half Bathrooms2
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Positioned on a prominent downtown corner, 58 Ontario Street presents a rare opportunity for owner-occupiers, investors, or live-work users to acquire a fully vacant 3,528 sq. ft. architecturally distinctive landmark building with exceptional zoning flexibility (C5-92) in the downtown core. Zoning permits a broad range of residential and commercial uses, allowing the property to function as entirely commercial, entirely residential, or mixed-use, while benefiting from the sought-after downtown parking exemption. Currently configured with a beautifully appointed 1,450 sq. ft. commercial main floor and two self-contained residential apartments above, the property offers three income streams with potential gross annual income of approximately $75,000 based on projected market rents, with additional upside through commercial leasing or owner occupancy. Showcasing original millwork, pocket doors, stained and leaded glass, refinished hardwood flooring, and other period details rarely found in commercial properties today, the building seamlessly combines historic character with modern functionality. Additional features include updated washrooms and kitchens, five ductless splits, full basement storage, separate hydro meters, five on-site parking spaces (2 tandem). Located in the heart of Downtown St. Catharines' heritage district, steps from the Performing Arts Centre, Meridian Centre, Brock University's Marilyn I. Walker School, restaurants and cafés, the area continues to benefit from ongoing residential intensification and commercial reinvestment, supporting long-term demand for both residential and commercial space. (id:7434)
General Features
| Features | In-Law Suite |
|---|---|
| Property Type | Multi-family |
| Zoning Description | C5-92 |
| CommunityName | 451 - Downtown |
| Amenities | Golf Nearby, Hospital, Park, Public Transit |
| Building Appliances | Water meter, Window Coverings |
| Building Cooling Type | Wall unit |
| Location Description | Ontario & Church |
| Parking Space Total | 5 |
| Foundation Type | Stone |
| Building Type | Triplex |
| Building.StoriesTotal | 3 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Heat Pump |
| Building Heating Fuel | Natural gas |
| Basement Type | Full |
| Living Area Range | 3500 |
| Bedrooms | 5 |
Exterior Features
| Land Amenities | Golf Nearby, Hospital, Park, Public Transit |
|---|---|
| Sewer | Sanitary sewer |
| Exterior Finish | Brick |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in L2R 5J4
Price
In The Neighbourhood
St. Catharines (Downtown)
$ 1,799
- Type
- Multi-Family
- Rooms
- 2 Beds + 1 Baths
RE/MAX NIAGARA REALTY LTD, BROKERAGE
St. Catharines (Downtown)
$ 599,900
- Type
- Multi-Family
- Size
- 2,000 SqFt
- Rooms
- 0 Beds + 0 Baths
RE/MAX GARDEN CITY UPHOUSE REALTY
St. Catharines (Downtown)
$ 1,799
- Type
- Multi-Family
- Rooms
- 2 Beds + 1 Baths
RE/MAX NIAGARA REALTY LTD, BROKERAGE
St. Catharines (Downtown)
$ 1,725
- Type
- Multi-Family
- Rooms
- 2 Beds + 1 Baths
RE/MAX NIAGARA REALTY LTD, BROKERAGE
St. Catharines (Downtown)
$ 1,895
- Type
- Multi-Family
- Rooms
- 1 Beds + 1 Baths
RE/MAX NIAGARA REALTY LTD, BROKERAGE
St. Catharines (Downtown)
$ 1,995
- Type
- Multi-Family
- Rooms
- 2 Beds + 1 Baths
RE/MAX NIAGARA REALTY LTD, BROKERAGE
St. Catharines (Downtown)
$ 1,799
- Type
- Multi-Family
- Rooms
- 2 Beds + 1 Baths
RE/MAX NIAGARA REALTY LTD, BROKERAGE
St. Catharines (Downtown)
$ 1,799
- Type
- Multi-Family
- Rooms
- 2 Beds + 1 Baths
RE/MAX NIAGARA REALTY LTD, BROKERAGE
St. Catharines (Downtown)
$ 449,900
- Type
- Multi-Family
- Rooms
- 4 Beds + 3 Baths
ROYAL LEPAGE NRC REALTY
St. Catharines (Downtown)
$ 2,400,000
- Type
- Multi-Family
- Rooms
- 11 Beds + 11 Baths
RE/MAX GARDEN CITY REALTY INC, BROKERAGE
St. Catharines (Downtown)
$ 1,489,000
- Type
- Multi-Family
- Rooms
- 11 Beds + 7 Baths
REVEL Realty Inc., Brokerage
Data provided by the Ontario Regional Technology & Information Systems. The information is deemed reliable, but is not guaranteed. Not intended to solicit buyers or sellers, landlords or tenants currently under contract.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned