$1,290,000
Est. payment $5,712/moCalculate yours
5 Court Street, St. Catharines, ON L2R 4R3
451 - Downtown, St. Catharines, ON L2R 4R3
- 5 + 1 Beds
- 3 Baths
- 2,000 Sq Ft
Listing courtesy of Wisdomax Realty LTD MLS® X13518978
About this home
Exceptional mixed-use commercial and residential property offering good income potential in a prime downtown location. Situated just a 5-minute walk to the St. Catharines Downtown Transit Terminal, this extensively renovated building is ideal for investors or owner-operators seeking multiple income streams.The main floor features a fully equipped restaurant space with a newly built commercial kitchen, now is rented to a Chineses take out retreatant. Also on the ground level, with its own separate entrance, is a spacious commercial-zoned residential unit offering 1 bedroom, 1 bathroom, an open-concept living and dining area, kitchen, and in-suite laundry. A separate entrance leads to the second floor, currently configured for room rentals, featuring 5 bedrooms, 2 full bathrooms, a shared kitchen and dining area, and a dedicated laundry space, providing excellent rental income potential.The property has undergone extensive renovations, including ESA-certified electrical upgrades, updated plumbing on the second floor, and newer furnace and air conditioning systems, offering peace of mind for years to come. Whether you’re looking to expand your investment portfolio, operate your own business while generating residential rental income, or capitalize on the strong demand for downtown housing, this versatile property presents an exceptional opportunity in a thriving location.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 2,000 sqft
Interior
- Bedrooms
- 5 + 1
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Full
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 37.5 x 116.13 Feet
- Parking
- None garage · 2 total
- Zoning
- C6, M2
Financial
- Property Taxes
- $8,500 (2026)
Location
- Neighbourhood
- 451 - Downtown
- Cross Street
- Court St and Court Alley
- Direction Faces
- East
Listing
- MLS® Number
- X13518978
- Days on Market
- 111
- Listed On
- 2026-06-29
- Possession
- Flexible
- Listed By
- Wisdomax Realty LTD
Rooms
Features
Interior
- Carpet Free
- Separate Hydro Meter
Pool
- None
- Included
- Restaurant Ventilation and Suppression (Kitchen Hood) System.
- Excluded
- Kitchen Appliances (Wok station, fryers, stoves, sinks, fridges) and other Tenants Belongs
- Rental items
- Hot Water Heater
Mortgage calculator
Estimated mortgage payment
$5,712 per month
- Principal and interest
- $5,712
- Property tax
- $708
- Condo fees
- $0
- Estimated monthly cost
- $6,420
Your mortgage
- Mortgage amount
- $1,032,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $681,552
Cash to close
- Down payment
- $258,000
- Land transfer tax
- $22,275
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $280,275
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.