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For saleMLS® X14120736

88 Queenston Street, St. Catharines, ON L2R 2Z2

E. Chester · L2R 2Z2

$3,750,000

$750 / sq ft

1 weeks on market

Bedrooms
21
Bathrooms
24
Interior
5,000 sf
Parking
25
Lot
179.2 × 132.9 ft

What's special

  • 25 parking spaces
  • Other,window unit(s)
  • Finished basement

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About this property

Located in a downtown location benefiting from ongoing revitalization and proximity to key redevelopment projects, 88 Queenston offers investors both immediate yield and long-term growth. This is a rare opportunity to acquire a well-maintained, income-producing apartment building with significant embedded potential in downtown St. Catharines.The property delivers stable, in-place cash flow from 21 residential units, supported by a quiet tenant profile, strong historical ownership oversight, and extensive recent capital improvements. There is a large scale of untapped potential - the main floor (approximately 5,000 square feet) is currently positioned for either commercial leasing or residential conversion, while the basement offers an additional 3,500+ square feet of usable space with multiple access points. Previous ownership has advanced conceptual plans to further intensify the site through the addition of new residential units with dedicated entrances, Located in a rapidly evolving neighbourhood near key redevelopment nodes, 88 Queenston offers investors both immediate yield and long-term growth. Please note that the heating (noted as 'Other' in the listing is Hydronic. For A/C, Landlord installs, maintains and removes window or floor model air conditioning units. There are 2 Laundry rooms - 1 on 2nd floor and 1 on third floor.

Features

  • None

Property details

Property

Property type
multiplex
Bedrooms
21
Bathrooms
24
Interior size
5,000 sq ft
Lot size
179.2 × 132.9 ft
Zoning
M1
Possession
Flexible

Interior

Basement
Full, Partially Finished
Heating
Other · Other
Cooling
Other,Window Unit(s)
Exposure
South

Exterior & services

Construction
Stucco (Plaster)
Parking spaces
25
Sewer
Sewer

Costs

List price
$3,750,000
Property taxes
$45,648 / year (2026)
Price per sq ft
$750
Rental items
Laundry Machines

Listing

MLS® number
X14120736
Status
For sale
Listed
October 27, 2026
Days on market
9
Last updated
November 3, 2026
Listing brokerage
COLLIERS INTERNATIONAL NIAGARA 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 100% of comparable multiplex listings in St. Catharines are asking less.

$400KMedian $512K$994K
This home
$750 / sq ft
Comparable median
$404 / sq ft

Based on 32 comparable active multiplex listings in St. Catharines. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $750,000
$750,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$16,587.51
Property tax (est.)
$3,804.00
Estimated monthly
$20,392

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
$80,225
Total due on closing
$80,225

An estimate on the asking price of $3,750,000. 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.

$3,750,000

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Nearby sold prices are hidden

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