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Royal LePage
Royal LePage
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$1,250,000

58 ONTARIO STREET, St. Catharines (Downtown), Ontario, L2R 5J4

MLS® # X13243656

St. Catharines (Downtown) ON, L2R 5J4

MLS® # X13243656

Property Information:

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:7525)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Air Conditioning: Yes
  • Basement Type: Full
  • Exterior Finish: Brick
  • Fire Protection: Security system
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Stone
  • Heating Type: Heat Pump
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Water meter, Window Coverings

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 4
  • Half Bathrooms: 2
  • Amenities Nearby: Golf Nearby, Hospital, Park, Public Transit
  • Features:
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 99 Feet
  • Lot Frontage: 50 Feet
  • Lot Size: 50 x 99 FT
  • Zoning: C5-92
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 5

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 58 ONTARIO STREET, St. Catharines (Downtown), Ontario, L2R 5J4

Demographic Information of 58 ONTARIO STREET, St. Catharines (Downtown), Ontario, L2R 5J4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$92,583.48

Average Number of Children

1.38

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.21 %

High school certificate or equivalent

32.51 %

Apprenticeship trade certificate/diploma

4.58 %

College/non-university certificate

19.58 %

University certificate (below bachelor)

1.84 %

University Degree

30.27 %

Commuter

Travel To Work

By Car

72.51 %

By Public Transit

8.5 %

By Walking

16.38 %

By Bicycle

0.91 %

By Other Methods

1.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

78.69 %

Houses

21.31 %

Own Vs. Rent

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