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Tony & Ledi Real Estate Team

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Est. payment | -/mo

5 Beds

4 Baths

Save

Est. payment | -/mo

Save

5 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 451 - Downtown

MLS Listing ID X13809304

Style 3-Storey

Bedrooms 5

Annual Tax Amount $7,956

Tax Year 2025

Property Sub-Type Triplex

Property 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.

Location

Province ON

County Niagara

Area Niagara

Zoning C5-92

Rooms

Family Room Yes

Basement Full

Kitchen 3

Interior

Interior Features Accessory Apartment, In-Law Suite, In-Law Capability

Cooling Wall Unit(s)

Inclusions All existing appliances, light fixtures and window coverings

Exterior

Parking Features Private Triple

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 99.0

Total Parking Spaces 5

Building

Foundation Stone

Others

Senior Community No

Security Features Security System

ParcelsYN No

Listed by ROYAL LEPAGE NRC REALTY

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58 Ontario ST St. Catharines, ON L2R 5J4