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58 Ontario Street St. Catharines, Ontario L2R 5J4

  • 58 Ontario Street, St. Catharines, Ontario  L2R 5J4 - Photo 1 - X13243656
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5 Bedroom 4 Bathroom 3,500 - 5,000 sqft
Wall Unit Heat Pump

$1,250,000

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. (id:41589)

Property Details

MLS® Number X13243656
Property Type Multi-family
Community Name 451 - Downtown
Amenities Near By Golf Nearby, Hospital, Park, Public Transit
Features In-law Suite
Parking Space Total 5

Building

Bathroom Total 4
Bedrooms Above Ground 5
Bedrooms Total 5
Appliances Water Meter, Window Coverings
Basement Type Full
Cooling Type Wall Unit
Exterior Finish Brick
Fire Protection Security System
Foundation Type Stone
Half Bath Total 2
Heating Fuel Natural Gas
Heating Type Heat Pump
Stories Total 3
Size Interior 3,500 - 5,000 Sqft
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Golf Nearby, Hospital, Park, Public Transit
Sewer Sanitary Sewer
Size Depth 99 Ft
Size Frontage 50 Ft
Size Irregular 50 X 99 Ft
Size Total Text 50 X 99 Ft
Zoning Description C5-92
  • Aerial

https://www.realtor.ca/real-estate/29857198/58-ontario-street-st-catharines-downtown-451-downtown

Kim Kunselman
Salesperson

(289) 272-9131
www.facebook.com/KimandGinny
www.instagram.com/kimandginny/

Royal LePage NRC Realty
33 Maywood Ave
St. Catharines, Ontario L2R 1C5

(905) 688-4561
www.nrcrealty.ca/

Ginny Snihur
Salesperson

(905) 650-3113

Royal LePage NRC Realty
33 Maywood Ave
St. Catharines, Ontario L2R 1C5

(905) 688-4561
www.nrcrealty.ca/

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