58 Ontario Street, St. Catharines (Downtown) - Office for Sale
58 Ontario Street, St. Catharines (Downtown), Ontario, L2R5J4
5 parking3,528 ft²50 × 99 ft (4,950 sq ft) lot sizeListed 44 days ago
Overview
This office property in St. Catharines is for sale offering roughly 3,528 sq ft of space. It has been on the market 44 days, fresher than the St. Catharines average of 72 days.
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. (id:66096)
Property Details
MLS®
X13809308
Property Type
Office
Zoning
C5-92
Parking
5
Interior Size
3,528 ft²
Lot Size
50 × 99 ft (4,950 sq ft)
Frontage
50 ft
Heating
Hot water radiator heat, Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$7,956/yr
Listed
44 days ago
Features
Appliances
Window Coverings
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
44d
St. Catharines (Downtown) listings, avg age
72d
Price / ft²
$283
List price
$999K
Extended: 44 days on market, against an average age of 72 days across the listings currently for sale in this city
Market timing · days on market0 → 72d avg age of current listings
Extended · day 44
Haho
This office in St. Catharines (Downtown) has been listed for 44 days, which is 28 days fresher than the city average of 72. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (L2R)
This home lists at $998,500, about 16.3× the local median household income of $61,200.
Carrying it typically needs a household income of about $195,042 (20% down, 25-yr amortization, stress-tested) — roughly 219% above the area median.
Median household income
$61,200
Population
25,558
Median age
40.4
Owner / renter
50% / 50%
Avg. household size
2.1
Source: Statistics Canada, 2021 Census (FSA L2R)
$998,500· $283/ft²
For sale
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