REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,250,000
Est. payment | /mo
5 Beds
4 Baths
$ 1,250,000
Est. payment | /mo
5 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 451 - Downtown
MLS Listing ID X13243656
Style 3-Storey
Bedrooms 5
Annual Tax Amount $7,956
Tax Year 2025
Property Sub-Type Triplex
Property Description
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.
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room Yes
Basement Full
Kitchen 3
Interior
Interior Features Accessory Apartment, In-Law Suite, In-Law Capability
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Triple
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 99.0
Total Parking Spaces 5
Building
Unit Features Arts Centre,Golf,Hospital,Library,Park,Public Transit
Foundation Stone
Others
Security Features Security System
ParcelsYN No
Listed by ROYAL LEPAGE NRC REALTY