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For Sale

58 Ontario Street, St. Catharines, ON L2R 5J4

$998,500

  • Office
  • MLS® X13809308

Listing Brokerage: ROYAL LEPAGE NRC REALTY

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.

Property details

MLS® number
X13809308
Transaction
For Sale
Property type
Commercial
Style / use
Office
Community
451 - Downtown
City
St. Catharines
Building area
3528 Square Feet
Lot width
50 Feet
Lot depth
99 Feet
Heating
Gas Hot Water
Cooling
Yes
Garage
None
Taxes
$7,956.00
Tax year
2025
Office area
3528
Listing brokerage
ROYAL LEPAGE NRC REALTY

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