31 King Street offers an opportunity to acquire a vacant, freestanding former BMO bank (total square footage including basement is 10,998sqft. 5,998sqft above grade + 5000sqft finished basement) in the heart of Downtown St. 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 an active 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 cafes, 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.
| MLS # | X12973510 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 137 |
| Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. | X12973510 519011 |
| SQ Feet | 5,998 |
|---|---|
| Acreage | 0.14 |
| Cooling | Yes |
|---|
| Security Features | Yes |
|---|
| Utilities | Yes |
|---|
| Tax Annual Amount | 33561.93 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Niagara |
| City | St. Catharines |
| Postal Code | L2R 3H1 |
| Area | 451 Downtown |
| Listing VS Median (in L2R 3H1) | |
Price: $3,200,000 low | high Med: $1,601,000 sqft: 5,998 low | high Med: 3,999 $ / sqft: $534 low | high Med: $267 On site: 137 low | high Med: 71 | |
| Province | ON |
|---|---|
| Region | Niagara |
| City | St. Catharines |
| Postal Code | L2R 3H1 |
| Area | 451 Downtown |
| Listing VS Median (in L2R 3H1) | |
Price: $3,200,000 low | high Med: $1,601,000 sqft: 5,998 low | high Med: 3,999 $ / sqft: $534 low | high Med: $267 On site: 137 low | high Med: 71 | |