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For saleMLS® X13746404

31 King Street, St. Catharines, ON L2R 3H1

Downtown · L2R 3H1

$2,990,000

$498 / sq ft

2 months on market

Total area
5,998 sf
Lot
87.49 × 120.27 ft

What's special

  • Yes

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About this property

31 King Street offers an opportunity to acquire a vacant, freestanding former BMO bank in the heart of DowntownSt. Catharines. The asset offers a versatile three-part configuration, including a 5,057-square-foot main floor with a vault, a 941-square-foot mezzanine, and a 5,000-square-foot, elevator-connected finished basement. High ceilings, expansive display windows, and semi-renovated interiors support a wide range of conversion possibilities, from medical and boutique offices to retail with storage, showrooms, or broader adaptive reuse concepts. On-site parking, exceptional visibility at a signalized intersection, and immediate transit access strengthen long-term value. This is an opportunity to reposition a signature downtown building into a modern, high-performing commercial asset. 31 King Street's location enhances its versatility, supported by robust infrastructure, transportation access, and anactive urban setting. Situated within walking distance of the GO Train station, the property serves a growing demographic as younger families continue moving into the area. Its position is near the Niagara Region, and close access to Highway 406 and the QEW strengthens regional connectivity. The area is enriched by cafés, breweries, boutiques, and service-oriented retailers that fuel strong foot traffic. With more than 180,000 residents living within a 10-kilometre radius and annual consumer spending exceeding CA$6 billion, this corridor stands at the heart of a powerful and diverse market. Downtown St. Catharines continues to evolve into a vibrant, mixed-use district, and 31 King Street stands at the heart of that momentum. The surrounding neighborhood features major office users, including Accenture, Grant Thornton, Bell, WSP, City Hall, and a collection of boutique professional firms, which creates a steady daytime population. 31 King Street offers investors the chance to shape a flexible, future-forward commercial destination within a a thriving downtown area.

Property details

Property

Property type
retail
Interior size
5,998 sq ft
Lot size
87.49 × 120.27 ft
Zoning
C5
Possession
TBD

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Costs

List price
$2,990,000
Property taxes
$33,562 / year (2025)
Price per sq ft
$498

Listing

MLS® number
X13746404
Status
For sale
Listed
September 4, 2026
Days on market
61
Last updated
September 4, 2026
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Price & sale history

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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 above most comparable listings — about 91% of comparable retail listings in Downtown are asking less.

$290KMedian $840K$1.82M
This home
$498 / 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 payment20.0% · minimum $598,000
$598,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$13,225.78
Property tax (est.)
$2,796.83
Estimated monthly
$16,023

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
$61,225
Total due on closing
$61,225

An estimate on the asking price of $2,990,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES 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.

$2,990,000

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