62 Welland Avenue, St Catharines
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. (id:1945)
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Property details for 62 Welland Avenue, St Catharines
- Type
- Commercial
- Bathrooms
- 3
- Living Area
- 3,000 square feet
- Lot Size
- 55 x 67.51 FT
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Annual Taxes
- $14,128 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 62 Welland Avenue
Active Listings
46
Min Price
$149,000
Max Price
$1,888,000
Avg Price
$755,068
Days on Market
47
days
Sold Listings
20
Min Sold Price
$399,900
Max Sold Price
$1,100,000
Avg Sold Price
$766,960
Days until Sold
81
days
Neighbourhood Census Data
St. Catharines, Ontario
Population
860
Median Age
34.5
Median Income
$26,976
Dwelling Value
$300,046
Housing Tenure
Owners 24%
Renters 75%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.7
Pop. Density: 5,017.5/km²
Avg Shelter Cost: $1,117/mo
Owners with Mortgage: 60.9%
Owners Spending 30%+: 34.8%
Tenants Spending 30%+: 55.4%
English only: 87.9%
English and French: 10.2%
Neither: 1.9%
Median Household Income: $37,504
Median Employment Income: $25,888
Price History
Listed
June 19, 2026
by ROYAL LEPAGE NRC REALTY
Current Price
$999,000
Type
Commercial
For Sale
