Homula Realty Brokerage
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179 King Street, St. Catharines, ON L2R 3J5

Office
$699,900

Welcome to 179 King Street in downtown St. Catharines! This gorgeous building has been professionally renovated on the main floor and offers many opportunities to prospective buyers. Boasting 1932 square feet on the main and upper levels combined plus a partially finished basement makes the possibilities of this building endless. It would be great for an owner operator to call it both their home and work space. Whether you're looking to open a high end salon, legal or accounting office or any other professional space, this beautifully maintained character building could be your perfect match! The main floor features a half bath and kitchenette and the second floor features a 4 piece bathroom. The second floor is currently being rented to a business (vacating September 30/26 but offers the opportunity for the new owner to renovate upstairs into a living space and operate their business on the main floor. The building also comes with dedicated parking spaces, and a large backyard. Located in the downtown core, this building is perfectly situated for any successful business.

MLS number
X13531922
Type
Office
Status
Active
Bedrooms
Bathrooms
Postal code
L2R 3J5
Photos
22
Property tax
$10,464 / year
69days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Nicholas Catholic Elementary School
Niagara CDSB
Elementary323 m5.9 / 10
59% met the standard
ÉÉC Immaculée-Conception
CS catholique MonAvenir
Elementary383 m6.2 / 10
62% met the standard
St Catharines Collegiate Institute and Vocational School
DSB Niagara
Secondary624 m8.0 / 10
80% met the standard · 2 of 6 measures
EduNaissance AcademyElementary and secondary494 mNot reported
Harriet Tubman Public School
DSB Niagara
Elementary897 m7.2 / 10
72% met the standard
Agate Private SchoolElementary and secondary965 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 837 people.

$38,400Median household income
6.8%Own their home
3.7%Detached houses
32Median age
11.1%Born outside Canada
26.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35260384 — the few blocks around this address, home to 837 people. It describes the area, not this property.

837Population
38.7Average age
1.5Household size
$45,400Average household income
$38,400Median household income
7%Own their home
93%Rent
8%Condominiums
11%Born outside Canada
27%University degree
$680,000Average home value
34%Low income
44%Not in the labour force
51%Never married
Under $5,0004%
$5,000 to $9,9993%
$10,000 to $14,9994%
$15,000 to $19,9999%
$20,000 to $24,9996%
$25,000 to $29,9998%
$30,000 to $34,99910%
$35,000 to $39,9997%
$40,000 to $44,9996%
$45,000 to $49,9996%
$50,000 to $59,9998%
$60,000 to $69,9997%
$70,000 to $79,9995%
$80,000 to $89,9992%
$90,000 to $99,9992%
$100,000 and over7%
$100,000 to $124,9993%
$125,000 to $149,9992%
$150,000 to $199,9991%
$200,000 and over1%

Percentages are of the 565 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$139,980 · minimum here is $44,990
$3,099.01per month
Borrowed before insurance$559,920
Total borrowed$559,920
Interest over 25 years at 4.5%$369,782

If you rented it out

-$3,971.01per month out of pocket
Rent$0.00
Everything it costs to hold$3,971.01
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by COLDWELL BANKER MOMENTUM REALTY, BROKERAGE. Listing data provided by the Toronto Regional Real Estate Board.