$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
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
Estimated mortgage payment
$4,421 per month
- Principal and interest
- $4,421
- Property tax
- $663
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $216,145
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.