58 Ontario Street, St. Catharines, ON L2R 5J4
$1,250,000
$1,250,000

58 Ontario Street

451 - Downtown, St. Catharines, Niagara $1,250,000

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5 Beds
4 Baths
3500-5000 sqft
Parking for 5
North Facing
Zoning: C5-92
MLS®#:
X13243656
Property Type:
Triplex
Property Style:
3-Storey
Area:
Niagara
Community:
451 - Downtown
Taxes:
$7,956 / 2025
Added:
June 04 2026
Lot Frontage:
50
Lot Depth:
99
Status:
Active
Outside:
Brick
Year Built:
Basement:
Full
Brokerage:
ROYAL LEPAGE NRC REALTY
Lot :

99

50

Intersection:
Ontario & Church
Rooms:
Bedrooms:
5
Bathrooms:
4
Fireplace:
Utilities
Water:
Municipal
Cooling:
Wall Unit(s)
Heating Type:
Heat Pump
Heating Fuel:

Listing Details

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.

All existing appliances, light fixtures and window coverings

Insights

  1. Diverse Zoning Flexibility: The property is zoned C5-92, allowing for a wide range of residential and commercial uses. This flexibility enables potential buyers to utilize the space as entirely commercial, entirely residential, or a mixed-use property, catering to various investment strategies.
  2. Strong Income Potential: With a projected gross annual income of approximately $75,000 from three income streams (commercial and two residential units), this property offers a solid return on investment, with additional upside through commercial leasing or owner occupancy.
  3. Architectural Character: The building features original millwork, stained and leaded glass, and refinished hardwood flooring, combining historic charm with modern updates. This unique character can attract tenants and buyers looking for distinctive properties in a vibrant downtown area.

Property Features

Arts Centre
Golf
Hospital
Library
Park
Public Transit

Sale/Lease History of 58 Ontario Street

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Neighborhood Overview

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451 - Downtown home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 451 - Downtown

Insights for 58 Ontario Street

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)