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For saleMLS® X13809304

58 Ontario Street, St. Catharines, ON L2R 5J4

Downtown · L2R 5J4

$998,500

$285 / sq ft

1 months on market

Bedrooms
5
Bathrooms
4
Interior
3,500 sf
Parking
5
Lot
50 × 99 ft

What's special

  • 5 parking spaces
  • Wall unit(s)
  • Accessory apartment
  • In-law suite
  • In-law capability

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About this property

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.

Features

  • Accessory Apartment
  • In-Law Suite
  • In-Law Capability

Property details

Property

Property type
multiplex
Bedrooms
5
Bathrooms
4
Interior size
3,500 sq ft
Lot size
50 × 99 ft
Zoning
C5-92
Possession
FLEXIBLE

Interior

Basement
Full
Heating
Heat Pump · Gas
Cooling
Wall Unit(s)
Exposure
North

Exterior & services

Construction
Brick
Parking spaces
5
Sewer
Sewer

Costs

List price
$998,500
Property taxes
$7,956 / year (2025)
Price per sq ft
$285
Rental items
Security system

Listing

MLS® number
X13809304
Status
For sale
Listed
September 21, 2026
Days on market
45
Last updated
September 21, 2026
Listing brokerage
ROYAL LEPAGE NRC REALTY

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 80% of comparable multiplex listings in Downtown are asking less.

$400KMedian $549K$1.05M
This home
$285 / sq ft
Comparable median
$404 / sq ft

Based on 10 comparable active multiplex listings in Downtown. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.5% · minimum $74,850
$74,850
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$5,107.02
Property tax (est.)
$663.00
Estimated monthly
$5,770

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
$16,445
Total due on closing
$16,445

An estimate on the asking price of $998,500. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE NRC REALTY. 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.

$998,500

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