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For saleMLS® X13522020

5 Court Street, St. Catharines, ON L2R 4R3

Downtown · L2R 4R3

$1,290,000

$550 / sq ft

4 months on market

Total area
2,346.53 sf
Lot
37.5 × 116.13 ft

What's special

  • Yes

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About this property

Exceptional mixed-use commercial and residential property offering good income potential in a prime downtown location. Situated just a 5-minute walk to the St. Catharines Downtown Transit Terminal, this extensively renovated building is ideal for investors or owner-operators seeking multiple income streams.The main floor features a fully equipped restaurant space with a newly built commercial kitchen, now is rented to a Chineses take out retreatant. Also on the ground level, with its own separate entrance, is a spacious commercial-zoned residential unit offering 1 bedroom, 1 bathroom, an open-concept living and dining area, kitchen, and in-suite laundry. A separate entrance leads to the second floor, currently configured for room rentals, featuring 5 bedrooms, 2 full bathrooms, a shared kitchen and dining area, and a dedicated laundry space, providing excellent rental income potential.The property has undergone extensive renovations, including ESA-certified electrical upgrades, updated plumbing on the second floor, and newer furnace and air conditioning systems, offering peace of mind for years to come. Whether you're looking to expand your investment portfolio, operate your own business while generating residential rental income, or capitalize on the strong demand for downtown housing, this versatile property presents an exceptional opportunity in a thriving location.

Property details

Property

Property type
retail
Interior size
2,346.53 sq ft
Lot size
37.5 × 116.13 ft
Zoning
LT 371 CP PL 2 GRANTHAM; ST. CATHARINES
Possession
flexible

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Costs

List price
$1,290,000
Property taxes
$8,500 / year (2026)
Price per sq ft
$550
Rental items
Hot Water Heater

Listing

MLS® number
X13522020
Status
For sale
Listed
July 4, 2026
Days on market
124
Last updated
July 4, 2026
Listing brokerage
Wisdomax Realty LTD

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 73% of comparable retail listings in Downtown are asking less.

$290KMedian $840K$2.88M
This home
$550 / sq ft
Comparable median
$265 / sq ft

Based on 22 comparable active retail listings in Downtown. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.1% · minimum $104,000
$104,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,557.60
Property tax (est.)
$708.33
Estimated monthly
$7,266

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$22,275
Total due on closing
$22,275

An estimate on the asking price of $1,290,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Wisdomax Realty LTD. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,290,000

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