112 Lake Street, St. Catharines, ON
L2R 5X8
Listed July 27, 2026
About this property
Turnkey opportunity - property AND business, together. This freestanding building on a 50 x 90 ft lot in downtown St. Catharines houses a 75-year-old dry cleaning operation with a steady, established customer base. The 4,500 sq ft building offers 3,700 sq ft of dry cleaning plant and depot fitted with environmentally friendly machinery, plus a 2-bedroom apartment at the rear for an owner-occupier or added income. Total sales of approximately $500,000. Open 6 days a week, 8am-5pm, with 6 employees in place. Gas forced-air heat, laneway access and 5 parking spaces. Commercial zoning, minutes to the QEW. A rare chance to own the real estate and the revenue.
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Property Details
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Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 112 Lake Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$260,000 · Minimum $260,000
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Monthly costs
From the listing (2026 tax bill).
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One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$6,763/mo
About $81,156 a year
- $5,750
- $1,013
Cash needed to close
- Down payment (20%)
- $260,000
- Ontario land transfer tax
- $22,475
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $284,975
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
112 Lake Street, St. Catharines, ON
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Last Updated: July 27, 2026
Listing Office: RE/MAX SPECIALISTS TEAM SUKHVINDER
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