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48 CARLISLE Street

48 CARLISLE Street

St. Catharines, Ontario

1,501 sqft • Office

$465,000

AWESOME COMMERCIAL/RESIDENTIAL FREEHOLD OPPORTUNITY IN DOWNTOWN This is a rare opportunity to own a detached, freehold mixed use building in the heart of downtown St. Catharines, surrounded by culture, energy, and constant activity. Positioned directly across the street from the FirstOntario Performing Arts Centre and the Meridian Centre, this location offers built in visibility and everyday convenience that is difficult to replicate. What truly sets this property apart is its incredible adaptability. It can function as all commercial, all residential, or a smart combination of both creating a highly desirable live work or income generating setup. Each floor has its own entrance, allowing spaces to operate independently and giving owners the flexibility to evolve and reposition over time. Previously used as a law office, the layout may lend itself well to a wide range of professional and creative uses such as real estate, accounting, psychotherapy, chiropractic care, studios, or boutique offices. Outside, wrap around parking with two separate street entrances and exits adds everyday ease for staff, clients, or tenants, an uncommon and valuable feature in a downtown setting. Access to Ontario Highway 406 is quick and straightforward, making regional travel simple while keeping you connected to the city’s most vibrant corridor. From an ownership perspective, this is a low maintenance and highly manageable asset, ideal as a standalone investment or a strong addition to a growing portfolio. For business owners, it offers the opportunity to step into brick and mortar ownership while potentially offsetting costs through rental income. Highly flexible, highly visible, and positioned in one of downtown’s strongest locations, this is a property designed to work for you today and adapt for tomorrow. Reach out to learn more about how this unique opportunity could fit your plans.

Price History

Schools

Elementary

  • ÉÉC Immaculée-Conception0.6 km

    French Catholic · CS catholique MonAvenir · 140 students

    Grade 3 reading: 82% met the provincial standard · Grade 6 math: 31% met the provincial standard

  • St Nicholas Catholic Elementary School0.6 km

    Catholic · Niagara CDSB · 215 students

    Grade 3 reading: 78% met the provincial standard · Grade 6 math: 18% met the provincial standard

  • Connaught Public School1.2 km

    Public · DSB Niagara · 405 students

    Grade 3 reading: 90% met the provincial standard · Grade 6 math: 86% met the provincial standard

Secondary

  • St Catharines Collegiate Institute and Vocational School1 km

    Public · DSB Niagara · 700 students

    Grade 10 literacy: 85% met the provincial standard

  • Sir Winston Churchill Secondary School2.1 km

    Public · DSB Niagara · 1025 students

    Grade 10 literacy: 91% met the provincial standard

  • Denis Morris Catholic High School2.2 km

    Catholic · Niagara CDSB · 930 students

    Grade 10 literacy: 92% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L2R

Population
25,558
Private dwellings
13,117
Median age
40.4
Average household size
2.1
Median household income
$61,200

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Office in St. Catharines · last 12 months

Median sold price
$540,000
Homes sold
1,611
Median days on market
26
Sale-to-list price
96.6%

Based on 1,611 recorded sales of office properties in St. Catharines over the last 12 months.

Location

Mortgage Calculator

$93,000

Estimated Monthly Payment

$2,284

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,284/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $116/mo

Estimates only. Consult a financial advisor.

R

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