31 King Street, St. Catharines, ON

$3,200,000
MLS#:X12973510
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable commercial retail located in the coveted neighborhood of 451 - Downtown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,200,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 87.49 x 120.27 ft lot size
  • equipped with yes central cooling and highly efficient gas forced air open heating

Description

31 King Street offers an opportunity to acquire a vacant, freestanding former BMO bank (total square footage including basement is 10,998sqft. 5,998sqft above grade + 5000sqft finished basement) in the heart of Downtown St. Catharines. The asset offers a versatile three-part configuration, including a 5,057-square-foot main floor with a vault, a 941-square-foot mezzanine, and a 5,000-square-foot, elevator-connected finished basement. High ceilings, expansive display windows, and semi-renovated interiors support a wide range of conversion possibilities, from medical and boutique offices to retail with storage, showrooms, or broader adaptive reuse concepts. On-site parking, exceptional visibility at a signalized intersection, and immediate transit access strengthen long-term value. This is an opportunity to reposition a signature downtown building into a modern, high-performing commercial asset.31 King Street's location enhances its versatility, supported by robust infrastructure, transportation access, and an active urban setting. Situated within walking distance of the GO Train station, the property serves a growing demographic as younger families continue moving into the area. Its position is near the Niagara Region, and close access to Highway 406 and the QEW strengthens regional connectivity. The area is enriched by cafes, breweries, boutiques, and service-oriented retailers that fuel strong foot traffic. With more than 180,000 residents living within a 10-kilometre radius and annual consumer spending exceeding CA$6 billion, this corridor stands at the heart of a powerful and diverse market. Downtown St. Catharines continues to evolve into a vibrant, mixed-use district, and 31 King Street stands at the heart of that momentum. The surrounding neighborhood features major office users, including Accenture, Grant Thornton, Bell, WSP, City Hall, and a collection of boutique professional firms, which creates a steady daytime population.

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Key Features

Property Type
Commercial

Additional Details

StatusPrice Change
Listed Date4/8/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
Lot Size87.49 × 120.27 Feet
CountyNiagara
Annual Tax$33,561.93

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingYes

Features

Property Features

Interior Features

Security Features

Yes

Community Features

Location

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31 King Street, St. Catharines, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 31 King Street, St. Catharines, ON L2R 3H1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in St. Catharines.

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Interest Rate5.25%
Down Payment$640,000 (20.0%)
* Minimum Canadian down payment required for this price is $640,000.
Amortization Period25 Years
Estimated Monthly Payment$15,256Based on a loan of $2,560,000 over 25 years.
Purchase Price$3,200,000
Loan Amount$2,560,000
Provincial Land Transfer Tax:$66,475
Total Estimated Closing Taxes:$66,475

About Purchasing a Home in St. Catharines, ON

For a property listed at $3,200,000 in St. Catharines, the legal minimum down payment is $640,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $66,475 for this transaction. As this listing is in St. Catharines (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $66,475.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for St. Catharines.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$705,253

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Immaculée-Conception
Public153 Church Street, St. Catharines, Ontario, L2R 3E2
6.3
St Nicholas
Public149 Church Street, St. Catharines, Ontario, L2R 3E2
4.4
Harriet Tubman
Public84 Henry Street, St. Catharines, Ontario, L2R 5V4
6.3
St Denis
Public175 Carlton Street, St. Catharines, Ontario, L2R 1S1
5.4
Connaught
Public28 Prince Street, St. Catharines, Ontario, L2R 3X7
8.5

Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.