62 WELLAND AVENUE, St. Catharines (Downtown)

$999,000

For sale: Other

Other at 62 WELLAND AVENUE, St. Catharines (Downtown)
Property type
Store W Apt/Office
Bedrooms / bathrooms
3 bathrooms
MLS®
MLS® X13465656
Neighbourhood
451 - Downtown

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.

Sold data

Homes in St. Catharines (Downtown) — recent sold market

Homes in St. Catharines (Downtown) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 44, across 404 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.

The median sale price was $569,900.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$569,900
Sale-to-list ratio
97.2%
Sold above asking
11%

Based on 404 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in St. Catharines (Downtown)

St. Catharines (Downtown) has 47 Fraser Institute–rated schools (38 elementary and 9 secondary), averaging 7.3/10.

Rated schools
47
Elementary
38
Secondary
9
Average rating
7.3 / 10

Top-rated schools in St. Catharines (Downtown)

  • Applewood — elementary, St. CatharinesFraser rating 10.0/10
  • Gracefield — elementary, St. CatharinesFraser rating 10.0/10
  • Burleigh Hill — elementary, St. CatharinesFraser rating 9.9/10
  • Oakridge — elementary, St. CatharinesFraser rating 9.6/10
  • Power Glen — elementary, St. CatharinesFraser rating 9.5/10
  • Westdale — elementary, St. CatharinesFraser rating 9.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 62 WELLAND AVENUE