32-38 WELLAND AVENUE, St. Catharines (downtown), ON L2R2M3
32-38 WELLAND AVENUE, St. Catharines (downtown), ON L2R2M3
32-38 WELLAND AVENUE, St. Catharines (downtown), ON L2R2M3
32-38 WELLAND AVENUE, St. Catharines (downtown), ON L2R2M3
32-38 WELLAND AVENUE, St. Catharines (downtown), ON L2R2M3
32-38 WELLAND AVENUE, St. Catharines (downtown), ON L2R2M3
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 1,799,000
Est. payment | /mo

6 Beds

8,830 SqFt

Save
$ 1,799,000
Est. payment | /mo
Save

6 Beds

8,830 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 8830

Square Footage 8,830 sqft

Price per Sqft $203

Subdivision 451 - Downtown

MLS® Listing ID X13558406

Bedrooms 6

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Hot water radiator heat

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Powered by: REALTOR.ca
Listed by MYSAK REALTY INC.

Schools and Properties Nearby

Tony & Ledi Real Estate Team

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

Learn More About LPT Realty

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Tony & Ledi Real Estate Team, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour the Home

32-38 WELLAND AVENUE