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451 - Downtown, St. Catharines
$399,000
This very cool 2.5-storey century townhouse brings serious character, from its stately red brick facade and gabled roofline to the old-world street presence you can't recreate today. Inside, 9-foot ceilings and large west-facing windows flood the main floor with natural light, while the oversized front room flexes easily as a living space or main-floor bedroom. With just over 2,300 sq ft, five bedrooms, and two bathrooms, there's plenty of space to work with - whether that's bedrooms, an office, a studio, a media room, or something completely different. The third-floor front room is a standout, with dramatic rooflines and a vibe that practically begs to become a workspace, art studio or content hub. Out back, three separate doors lead to a generous deck, plus a designated rear parking spot. Forced-air heating and central air keep things comfortable year-round. And then there's the location. You're a short walk to Montebello Park, the Meridian Centre, FirstOntario Performing Arts Centre, cafes, restaurants and everything happening downtown. Here's where things get even more interesting. The property is M2 - Medium High Density Mixed Use zoned, opening the door to a wide range of potential uses including residential, commercial, retail, office and more, subject to municipal approvals. For an investor, entrepreneur, developer or someone with a creative vision, there are plenty of possibilities worth exploring. Value-priced for today's buyer's market, this could be an opportunity to score a great deal on a substantial downtown property with character, size and flexible zoning. Roll up your sleeves, bring your imagination and take a closer look at what 175 King Street could become. Flexible closing and offers welcome!
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 2000-2500 sq. ft. |
| Property Tax | $3,585 |
| Lot Size | 21.45 ft x 125 ft |
| mls© Number | X13720552 |
| Listed By | EXP REALTY |
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%
- $2,042
- Property tax
- $299
- Heat allowance
- $150
- Housing costs
- $2,491 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$77,000
gross annual household income
- Payment at 4%
- $1,679 / mo
- Cash down
- $79,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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