32-38 WELLAND AVENUE St. Catherines

32-38 WELLAND AVENUE, St. Catherines, Ontario

$2,150,000

  • 3 Beds

12-unit apartment building. Aprox 6.3% cap rate. Must see building to appreciate how large the apartments are. 8x1Bed 4x2Bed.Tenants pay hydro, helping lower overall operating costs, new boiler installed in December 2025. Roof 2016. The property is steps from Downtown St. Catharines, Montebello Park, Fourth Avenue retail, and provides quick access to the Queen Elizabeth Way. There is clear upside potential on rents, with two-bedroom units in the area achieving approximately $1,900-$2,100 and one-bedroom units $1,600-$1,800, positioning this as a stable investment with room for income growth aligned with strong rental demand. Phenomenal opportunity to acquire a well-maintained asset in a central location showing pride of ownership throughout. Tour all units Sunday May 10th 10am-Noon. Please confirm attendance. (id:50212)

  • Listing ID: X13081260
  • Property Type: Multi-family

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Details

  • Amenities Nearby: Highway, Public Transit
  • Parking Spaces: 12
  • Transaction: For sale
  • Zoning Description: RB

Building

  • Appliances: Dryer, Water Heater, Two Washers
  • Cooling: None
  • Fireplace Present: False
  • Heating: Radiant heat
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Amenities: Highway, Public Transit
  • Size Frontage: 90 ft
  • Size Irregular: 90 x 73.6 FT ; Irregular
MLS®

Listing provided by MYSAK REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 32-38 WELLAND AVENUE in St. Catharines Ontario. It was last modified on May 4th, 2026. Contact The TanTeam to schedule a viewing or to discover other St. Catharines homes for sale.

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