Gurvinder Nokwal REALTOR®
For Sale Triplex 27 days on market

$998,500

Est. payment $4,421/moCalculate yours

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

451 - Downtown, St. Catharines, ON L2R 5J4

  • 5 Beds
  • 4 Baths
  • 3,500 Sq Ft
Map

Listing courtesy of ROYAL LEPAGE NRC REALTY MLS® X13809304

About this home

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

Overview

Property Type
Triplex
Style
3-Storey
For
For Sale
Status
New
Size
3,500 sqft

Interior

Bedrooms
5
Bathrooms
4
Kitchens
3
Basement
Full

Building & Systems

Heating
Heat Pump (Gas)
Cooling
Wall Unit(s)
Exterior
Brick
Foundation
Stone
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
50 x 99 Feet
Parking
None garage · 5 total
Zoning
C5-92

Financial

Property Taxes
$7,956 (2025)

Location

Neighbourhood
451 - Downtown
Cross Street
Ontario & Church
Direction Faces
North

Listing

MLS® Number
X13809304
Days on Market
27
Listed On
2026-09-21
Possession
FLEXIBLE
Listed By
ROYAL LEPAGE NRC REALTY

Features

Interior

  • Accessory Apartment
  • In-Law Suite
  • In-Law Capability

Property

  • Arts Centre
  • Golf
  • Hospital
  • Library
  • Park
  • Public Transit

Pool

  • None
Included
All existing appliances, light fixtures and window coverings
Excluded
None
Rental items
Security system

Mortgage calculator

Minimum for this price: $74,850 (7.5%)

Amortization, years

Estimated mortgage payment

$4,421 per month

Principal and interest
$4,421
Property tax
$663
Estimated monthly cost
$5,084

Your mortgage

Mortgage amount
$798,800
Mortgage insurance
Not needed
Interest over 25 years
$527,543

Cash to close

Down payment
$199,700
Land transfer tax
$16,445
Total, before legal fees
$216,145
Talk to me about financing

Estimates 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

58 Ontario Street, St. Catharines, ON L2R 5J4 451 - Downtown, St. Catharines, ON L2R 5J4
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$998,500 58 Ontario Street, St. Catharines, ON L2R 5J4
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