32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3
St. Catharines
12-unit apartment building. Approx. 7.1% cap rate & 22.9% ROI with 20% down and these number take into account estimates for Maintenance, Super, Vacancy and Property Management. A Must see building to appreciate how large the apartments are. 8 x 1-bed, 4 x 2-bed. 12 Parking spots. 3 HWT's owned. 2 Coin wash & dry Owned. 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 quick access to the QEW. Enjoy the phenomenal current cashflow knowing that there is still tremendous upside on rents on turnover. Scheduled Tours of all units will take place Saturday July 18th from 10:00AM to Noon. Please confirm attendance.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13558406
Listed by MYSAK REALTY INC.
On market since Jul 13, 2026
32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 is listed for $1,799,000 CAD.
32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 has 6 bedrooms.
32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 is a Investment, 8,830 sq ft.
32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 is in St. Catharines, Ontario.
32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 (MLS# X13558406). You can also send a message through the contact form on this site.
