48 Ontario Street, St. Catharines, ON L2R 5J4
Downtown · L2R 5J4
$2,850,000
$119 / sq ft3 months on market
- Interior
- 24,045 sf
- Lot
- 186 × 0 ft
About this property
Prime vacant development land available in the heart of Downtown St. Catharines. Currently utilized as a parking lot, the property presents an excellent redevelopment opportunity with potential ingress/egress access from both Ontario Street and William Street. Ideally situated within walking distance of the St. Catharines Downtown Transit Terminal, Montebello Park, Market Square, and a wide range of restaurants, shops, and amenities. Two existing billboards may provide additional income potential. The property also offers convenient access to Highway 406 and the QEW, making it a strategic location for a variety of future development opportunities.
Property details
Property
- Property type
- vacant land
- Interior size
- 24,045 sq ft
- Zoning
- C5
- Possession
- Flexible
Exterior & services
- Sewer
- Sanitary
Costs
- List price
- $2,850,000
- Property taxes
- $18,270 / year (2025)
- Price per sq ft
- $119
Listing
- MLS® number
- X13558672
- Status
- For sale
- Listed
- July 13, 2026
- Days on market
- 114
- Last updated
- July 27, 2026
- Listing brokerage
- COLLIERS INTERNATIONAL NIAGARA LTD.
Price & sale history
This property's sale history is hidden
TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.
Unlock sale history & sold priceFree. Takes about twenty seconds.
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 above most comparable listings — about 79% of comparable vacant land listings in St. Catharines are asking less.
- This home
- $119 / sq ft
- Comparable median
- $74 / sq ft
Based on 34 comparable active vacant land listings in St. Catharines. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $12,606.51
- Property tax (est.)
- $1,522.50
- Estimated monthly
- $14,129
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
- $57,725
- Total due on closing
- $57,725
An estimate on the asking price of $2,850,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of COLLIERS INTERNATIONAL NIAGARA 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
Unlock nearby sold pricesFree. Takes about twenty seconds.