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62 Welland Avenue

62 Welland Avenue

St. Catharines, ON

  • 3 bath
  • 3,000 sqft
  • Store W Apt/Office
  • 78 days on market
$999,000

Positioned at one of the most recognizable and highly travelled intersections in downtown St. Catharines, 62 Welland Avenue offers strong visibility, corner exposure, and multiple income streams under one roof. This asset features two professionally updated commercial units on the main floor, an updated two-bedroom residential apartment above, and additional income generated through a rooftop Pattison billboard lease. In total, the property generates approximately $7,217 per month across commercial, residential, and billboard revenue. The main-floor commercial space underwent a comprehensive, legal, and fully permitted renovation in 2019, resulting in two well-appointed suites, each with its own entrance, washroom, and kitchenette. The layout was intentionally designed with future flexibility in mind, allowing for the option to combine both units into a larger commercial space if desired. The upper-level apartment features oversized windows, updated finishes, rooftop patio access, and new vinyl flooring installed in 2026, offering a bright and functional residential component that complements the income-producing commercial uses below. Investors will appreciate the extensive list of capital improvements already completed, including new HVAC systems, air exchanger, electrical upgrades, soundproofing, updated lighting, most windows replaced, new commercial entry doors, and exterior façade and stucco enhancements. All fire code mandates were completed as part of the 2019 renovation. Additional features include a large owner-use basement storage area and six on-site parking spaces. With stable tenancy in place, diverse income sources, and extensive updates already completed, 62 Welland Avenue offers an opportunity to acquire a property that is working for you from day one while still leaving room for tomorrow's possibilities.

Listing Details

Taxes (2026)
$14,128
Listed
June 19, 2026

Price History

Property

Lot Size
55 x 67.51 Feet

Parking

Garage
None

Location & Legal

Cross Street
Fronting on Lake St., Welland Ave. and James St. facing west
Zoning
C1
Parcel Number
462210099
Possession
Immediate
Occupancy
Tenant

Commercial

Office / Apartment Area
1000 Sq Ft

Included

Exclusions
Tenants' belongings.

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

Commercial in St. Catharines · last 12 months

Median sold price
$540,000
Homes sold
1,625
Median days on market
26
Sale-to-list price
96.6%

Based on 1,625 recorded sales of commercial properties in St. Catharines over the last 12 months.

Listed by

ROYAL LEPAGE NRC REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
3,000 sq ft
Price per sq ft
$333.00
Annual property tax
$14,128
Tax per sq ft
$4.71

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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