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196 King Street

451 - Downtown, St. Catharines

$699,900

Detached|2-Storey
6 | 2 | 8
About this home

Prime opportunity to acquire a downtown property offering a modern, turn-key mixed-use building with exceptional street exposure, rare private on-site parking, and outstanding long-term development potential. Ideally suited for investors or owner-operators, this versatile asset combines strong commercial and residential components with flexible M2 zoning, supporting a wide range of uses including commercial, residential, or mixed-use development. The property features a welcoming wrap-around porch that enhances curb appeal, while the interior offers a functional, adaptable layout suitable for a variety of professional uses. Multiple exterior entrances provide excellent flexibility for single or multi-tenant configurations, offering exceptional accessibility and future adaptability. Offering approximately 2,235 sq. ft. of finished above-grade space plus an additional 800 sq. ft. in the basement, this property presents an excellent opportunity to customize to your needs. The main floor features a spacious open-concept co-working office, two private offices, a boardroom-style office, and an inviting front foyer complete with a coffee station and a convenient 2-piece washroom. The upper level includes an oversized executive office, three additional private offices, and a well-appointed 3-piece bathroom. Positioned on a high-traffic downtown corridor surrounded by established businesses, restaurants, cafes, and local amenities, the property benefits from consistent exposure and strong foot traffic. Just steps from the Meridian Centre, FirstOntario Performing Arts Centre, transit hub, GO Station, and with quick access to Highway 406 and the QEW, the location offers unmatched connectivity across the region. Whether expanding an investment portfolio or securing a strategic location for a growing business, this property delivers exceptional visibility, versatility, and future development potential in one of the city's most desirable downtown settings.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$11,054
Lot Size40.9 ft x 142 ft
mls© NumberX12954136
Listed ByRE/MAX NIAGARA REALTY LTD, BROKERAGE

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,582
Property tax
$921
Heat allowance
$150
Housing costs
$4,654 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $139,980
25-yr amortization

Income needed

$143,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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