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58 Ontario Street
homes for sale · St. Catharines · Downtown
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$998,500

58 Ontario Street

Downtown, St. Catharines · MLS® X13809304

545

House · Multi-family · 33 days on market

listed by Kim Kunselman, ROYAL LEPAGE NRC REALTY

realtor's 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

type
House, Multi-family
bedrooms
5
bathrooms
4
parking
5
property tax
$7,956 / yr
days on market
33
MLS®
X13809304

features

  • In-Law Suite
  • Water meter
  • Window Coverings

monthly cost

$5,013/mo
Mortgage $4,350 · Tax $663

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$4,350/ monthly
loan $798,800
25-year amortization
total interest
$506,311
cash to close
$199,700
down payment; transfer tax and fees not included
total paid
$1,305,111

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Downtown, St. CatharinesGoogle Maps ↗

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Kim Kunselman
ROYAL LEPAGE NRC REALTY
call Kim · 289-272-9131
Powered by: REALTOR.ca

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location

Downtown, St. CatharinesGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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