For Sale - 32-38 WELLAND Avenue, St. Catharines, Ontario

Est payment $10,324/mo
Views   1
Time on Jump  1 days
  • 12-unit apartment building with spacious 1 and 2-bedroom units.
  • Located steps from downtown, parks, and retail amenities.
  • Tenants cover hydro expenses, reducing operating costs.
  • New boiler installed in December 2025 for efficiency.
  • Potential for increased rental income with high local demand.



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.
Listing IDX13081260
Address32-38 WELLAND Avenue
CitySt. Catharines, Ontario
Price$2,150,000
Bed3
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Radiant
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Listing Agency:  MYSAK REALTY INC.

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32-38 Welland Avenue
St. Catharines , Ontario
3 $2,150,000
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