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.
Address
62 Welland Avenue
List Price
$999,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
Sale
Area
St. Catharines
Sub-Area
451 - Downtown
Region
Niagara
Bathrooms
3
Lot Size Source
MPAC
Lot Depth
67.51
Lot Type
Lot
Lot Size Units
Feet
Lot Width
55
Parcel Number
462210099
Total Building Area
3000
Occupant Type
Tenant
Cross Street
Fronting on Lake St., Welland Ave. and James St. facing west
MLS® Number
X13465656
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Basement
Yes
Postal Code
L2R 2M7
Posession Details
Immediate
Parking Spaces
6
Tax Amount
$14,128.00
Tax Year
2026
Site Influences
Public Transit, Recreation/Community Centre
Community Features
Public Transit, Recreation/Community Centre
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Partial
Garage Type
None
Security Features
Partial
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