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MLS® X13081260
St. Catharines, ON
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.
Inclusions
12 Fridges, 12 Stoves, 2 Washers, 2 Dryers, 3 Hot Water Tanks
Exclusions
Tenants belongings
Broker
MYSAK REALTY INC.
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Investment
32-38 WELLAND Avenue St. Catharines
St. Catharines
Type
Investment
Parking
None
Property Tax
~$24,876/yr
Heating
Radiant
Buying Essentials
Parking
None
Finances
List Price
$2,150,000
Property Tax
~$24,876/yr
Property Specs
Property Type
Investment
Living & Amenities
Heating Type
Radiant
Policies & Utilities
Neighbourhood
St. Catharines
Listed On
May 4, 2026
Major Highway
Public Transit
Days on Market
Current: 187 days
Room information is not available for this listing.
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