32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3
St. Catharines
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.
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# X13081260
Listed by MYSAK REALTY INC.
On market since May 4, 2026
32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 is listed for $2,150,000 CAD.
32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 has 3 bedrooms.
32-38 WELLAND Avenue, St. Catharines, ON L2R 2M3 is a Investment.
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 at +1 (416) 716-4439 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.
