62 Welland Avenue,St. Catharines (Downtown), ON L2R2M7
St. Catharines (Downtown), ON L2R2M7
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. (id:13843)
Details
| MLS # | X13465656 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 137 |
| Listing Provided By | ROYAL LEPAGE NRC REALTY | NATALIE KESHAVARZNIA |
Features
| Bath(s) | 3 Total |
|---|---|
| SQ Feet | 3,000 |
| Zoning | C1 |
Interior
| Cooling | Partially air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Parking
| Parking Total | 6 |
|---|
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 14128 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | St. Catharines (Downtown) |
| Postal Code | L2R2M7 |
| Listing VS Median (in L2R2M7) | |
Price: $999,000 low | high Med: $999,000 sqft: 3,000 low | high Med: 3,000 $ / sqft: $333 low | high Med: $333 On site: 137 low | high Med: 137 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | St. Catharines (Downtown) |
| Postal Code | L2R2M7 |
| Listing VS Median (in L2R2M7) | |
Price: $999,000 low | high Med: $999,000 sqft: 3,000 low | high Med: 3,000 $ / sqft: $333 low | high Med: $333 On site: 137 low | high Med: 137 | |
