$2,990,000
For sale: Other

31 King Street offers an opportunity to acquire a vacant, freestanding former BMO bank in the heart of DowntownSt. 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 anactive 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 cafés, 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. 31 King Street offers investors the chance to shape a flexible, future-forward commercial destination within a a thriving downtown area.
Sold data
Homes in St. Catharines (Downtown) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 44, across 404 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $569,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 404 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
St. Catharines (Downtown) has 47 Fraser Institute–rated schools (38 elementary and 9 secondary), averaging 7.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$2,500,000
Other447 CHURCH STREET, Church-Yonge Corridor, Toronto

$2,399,000
Other183 JAMES STREET S, Corktown, Hamilton

$3,950,000
Other96 HARBORD STREET, University, Toronto

$2,800,000
Other6 SPICER SQUARE, Bowmanville, Clarington

$2,498,999
Other122 - 2260 BOVAIRD DRIVE E, Sandringham-Wellington, Brampton

$1,989,000
Other7 - 120 BRONTE ROAD, 1001 - BR Bronte, Oakville

$4,399,000
Other1024 QUEEN STREET W, Trinity-Bellwoods, Toronto

$2,995,000
Other106 LAKEPORT ROAD, 438 - Port Dalhousie, St. Catharines