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5 COURT STREET, St. Catharines (Downtown) — listed at $1,290,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Exceptional mixed-use commercial and residential property offering good income potential in a prime downtown location. Situated just a 5-minute walk to the St. Catharines Downtown Transit Terminal, this extensively renovated building is ideal for investors or owner-operators seeking multiple income streams.The main floor features a fully equipped restaurant space with a newly built commercial kitchen, now is rented to a Chineses take out retreatant. Also on the ground level, with its own separate entrance, is a spacious commercial-zoned residential unit offering 1 bedroom, 1 bathroom, an open-concept living and dining area, kitchen, and in-suite laundry. A separate entrance leads to the second floor, currently configured for room rentals, featuring 5 bedrooms, 2 full bathrooms, a shared kitchen and dining area, and a dedicated laundry space, providing excellent rental income potential.The property has undergone extensive renovations, including ESA-certified electrical upgrades, updated plumbing on the second floor, and newer furnace and air conditioning systems, offering peace of mind for years to come. Whether you're looking to expand your investment portfolio, operate your own business while generating residential rental income, or capitalize on the strong demand for downtown housing, this versatile property presents an exceptional opportunity in a thriving location. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Ground level | 9.42 x 4.42 meters |
| Bedroom | Ground level | 3.81 x 3.18 meters |
| Bedroom 2 | Second level | 1.83 x 1.83 meters |
| Bedroom 3 | Second level | 4.27 x 3.66 meters |
| Bedroom 4 | Second level | 3.25 x 2.74 meters |
| Bedroom 5 | Second level | 3.25 x 2.74 meters |
| Bedroom | Second level | 3.25 x 2.74 meters |
| Other | Ground level | 13.95 x 5.16 meters |
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Does it have a basement, and is it finished?+
The listing describes the basement as: Full. Confirm the finishing status during a showing — it affects both livable space and resale value.
What's the parking situation?+
This property includes 2 spaces — No Garage.
How is the space laid out across floors?+
This is a 2-storey single family. The 6 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Is 5 COURT STREET a good fit for a growing family?+
With 6 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $8,500, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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