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$ 999,000
Est. payment /mo
Active
62 Welland AVE St. Catharines, ON L2R 2M7
3 Baths
3,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $333
Subdivision 451 - Downtown
MLS Listing ID X13465656
Annual Tax Amount $14,128
Tax Year 2026
Property Sub-Type Store W Apt/Office
Property Description
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.
Location
State ON
County Niagara
Area Niagara
Interior
Cooling Partial
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Available
Lot Frontage 55.0
Lot Depth 67.51
Others
Security Features Partial
ParcelsYN No
Listed by ROYAL LEPAGE NRC REALTY
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