$2,150,000
32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3
St. Catharines
- Bedrooms
- 3
- Square feet
- 0
- Type
- Investment
About this listing
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.
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Walkability, transit, and bike-friendliness for 32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3
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MLS# X13081260
Listed by MYSAK REALTY INC.
On market since May 4, 2026
About 32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3
How much is 32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3?
32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 is listed for $2,150,000 CAD.
How many bedrooms and bathrooms does 32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 have?
32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 has 3 bedrooms.
What type of property is 32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3?
32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 is a Investment.
What neighbourhood is 32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 in?
32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 is in St. Catharines, Ontario.
Is 32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 for sale or for rent?
32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 is currently for sale.
How do I book a showing for 32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3?
Contact Michael Mezheritsky to arrange a private showing of 32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 (MLS# X13081260). You can also send a message through the contact form on this site.