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MLS® X13243656

Overview

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage Yes
Taxes $7,956
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13243656

Property Address: 58 Ontario St, St Catharines, ON, L2R5J4

Average square foot calculated using Size range provided by listing agent.

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. (id:58753)Show Description
MLS® NumberX13243656
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFull
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $663,000 and $1,544,000.
Similar properties in this area sold on average for: $663,500
Expected to sell in 18 days. Similar properties sold in 18 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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