Listed for:Listed Jun 19, 2026
$999,000

62 Welland Avenue

St. Catharines (Downtown), ON L2R 2M7

Store W Apt/Office For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 62 Welland Avenue, St. Catharines, Downtown

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 62 Welland Avenue, St. Catharines, Downtown

Summarized Description

  • Prime downtown location with strong visibility.
  • Two updated commercial units generating income.
  • Residential apartment with rooftop patio access.
  • Rooftop billboard lease adds additional revenue.
  • Comprehensive renovations completed in 2019.
  • Flexible layout for future commercial expansion.
  • Stable tenancy with diverse income sources.
  • Extensive capital improvements already made.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$14,128
Land Transfer Tax Fee
$16,455

Interior Features

Security Features
Partial
Fireplace/Stove
No
Elevator
No

Building

Building Type
Store W Apt/Office

Lot

Lot Front
55.00 ft
Lot Depth
67.51 ft

Exclusions

Exclusions
Tenants' belongings.

Parking & Garages

Garage Type
None
Parking Spaces
6

Heating & Cooling

Heat Type
Gas Forced Air Closed
Air Conditioning
Partial
Water
Municipal

Washrooms
3

Washrooms

  • —-piece

Municipality
St. Catharines
Neighbourhood
Downtown
Main cross streets
Fronting on Lake St., Welland Ave. and James St. facing west
Zoning
C1
Directions
Fronting on Lake St., Welland Ave. and James St. facing west

MLS® number
X13465656
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-19
Updated on
2026-07-09
Days on market
125 days
Possession type
Immediate
Co-op commission
2%+HST
Seller
Listed by
ROYAL LEPAGE NRC REALTY

Home Market Value

Current home valuation for 62 Welland Avenue, St. Catharines, Downtown, St. Catharines, ON. Listed for $999,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 62 Welland Avenue, St. Catharines, Downtown

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
St. Catharines, ON
Minimum Down Payment Required:7.5%

5% on first $500K + 10% on $499,000 over $500K

Minimum down payment

$74,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$36,963$27,872$23,776$0
=Total mortgage
$961,038$926,972$872,926$799,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,692monthly$4,526monthly$4,262monthly$3,902monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$16,455

Total Land Transfer Tax

$16,455

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7/100Almost All Errands Require a Car
0/100Minimal Transit
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