32-36 Welland Avenue St. Catharines, Ontario L2R 2M3
$1,799,000
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. (id:49269)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X13558406 |
| Property Type | Multi-family |
| Community Name | 451 - Downtown |
| Amenities Near By | Public Transit, Recreation |
Building
| Bedrooms Total | 6 |
| Appliances | Dryer, Water Heater, Two Washers |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 8,830 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Size Depth | 73 Ft ,7 In |
| Size Frontage | 90 Ft |
| Size Irregular | 90 X 73.6 Ft |
| Size Total Text | 90 X 73.6 Ft |
| Zoning Description | Rb |
https://www.realtor.ca/real-estate/30027386/32-36-welland-avenue-st-catharines-downtown-451-downtown
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July 14 2026 12:08:41
Toronto Regional Real Estate Board
Mysak Realty Inc.