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.
Address
58 Ontario Street
List Price
$1,250,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Office
Transaction Type
Sale
Area
St. Catharines
Sub-Area
451 - Downtown
Region
Niagara
Lot Size Source
MPAC
Lot Depth
99
Lot Type
Lot
Lot Size Units
Feet
Lot Width
50
Parcel Number
462170147
Total Building Area
3528
Occupant Type
Owner
Cross Street
Ontario & Church
MLS® Number
X13243504
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Postal Code
L2R 5J4
Posession Details
60+ days
Parking Spaces
5
Tax Amount
$7,956.00
Tax Year
2025
Standard Status
Active
Board Or Association
Niagara Association of REALTORS
Heat Type
Gas Hot Water
Cooling Features
Yes
Garage Type
None
Tax Legal Description
LT 1085 CP PL 2 GRANTHAM; ST. CATHARINES
Security Features
No
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