
Welcome to this remarkable office located in the coveted neighborhood of Downtown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,490,000 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.
PRICE REDUCED - NOW $100,000 LESS. Exceptional opportunity for owner-users, investors, or entrepreneurs. The Vendor is willing to consider flexible purchase structures, including Lease-to-Own arrangements with Vendor Financing or a Lease with Option to Purchase for qualified parties. Currently configured into five units, including a two-bedroom residential suite, this property offers immediate income with the ability to occupy space for your own business while benefiting from rental revenue. All tenants are on month-to-month leases, providing maximum flexibility to reposition the building, adjust rents, or reconfigure the layout. The existing configuration lends itself well to a "run your business and collect income" model, with additional upside through the potential to convert one or more units to residential use. Strategically located just seconds from Highway 406, the property offers excellent accessibility without the congestion of St. Paul Street, while remaining within close proximity to the downtown core and its amenities. On-site parking includes two spaces at the front and 11+ additional spaces along Head Street under a long-term arrangement. This is a well-maintained building with strong fundamentals, flexible tenancy, and value-add potential in a growing urban location.
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This office located at 5 Race Street, St. Catharines is currently for sale and has been available for 212 days. This property is listed at $1,490,000 with an estimated mortgage of $4,960* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 5 Race Street, St. Catharines is in the Downtown neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Downtown, St. Catharines.
First-time home buyers, professionals, or investors seeking value.
None listed
None listed
No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in St. Catharines or researching St. Catharines real estate for sale, this office at 5 Race Street, St. Catharines, ON offers an exceptional opportunity to buy a home in St. Catharines, Ontario. Whether you are a first-time St. Catharines home buyer or comparing active St. Catharines MLS® homes for sale, working with a dedicated St. Catharines buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Browse all verified St. Catharines real estate listings, compare active St. Catharines houses for sale, and view brand new MLS® inventory before it hits the open market.
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced St. Catharines realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Estimated mortgage: $4,960*/month*. Estimated Ontario Land Transfer Tax: $26,275. First-time St. Catharines home buyers may qualify for up to $8,475 in rebates.
The current listing price for 5 Race Street, St. Catharines, ON in Downtown, St. Catharines is $1,490,000.
This property features null bedrooms and null bathrooms.
5 Race Street, St. Catharines, ON is a Office () featuring a basement.
Community features and nearby amenities include: Public Transit.
Security features include: No.
Heating is provided via standard central heat and cooling via Yes.
Downtown, St. Catharines
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 5 Race Street, St. Catharines, ON L2R 3M1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in St. Catharines.
About Purchasing a Home in St. Catharines, ON
For a property listed at $1,490,000 in St. Catharines, the legal minimum down payment is $298,000 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 $26,275 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 $26,275.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Downtown, St. Catharines.
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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.
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