32-36 WELLAND Avenue, St. Catharines, ON L2R 2M3
$1,799,000
activeNEW
About This Property
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.
Property Details
Commercial
Active
X13558406
6
0
8,830
451 - Downtown
July 14, 2026
Features & Amenities
Location
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32-36 WELLAND Avenue, St. Catharines, ON L2R 2M3
32-36 WELLAND Avenue, St. Catharines, ON L2R 2M3
Listing Information
Listing Information
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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9