32-38 WELLAND Avenue

ActiveSt. Catharines94 days on marketMLS® X13081260
$2,150,000
Bedrooms3
Bathrooms0
Interior0 sq ft
TypeCommercial
ListingFor Sale
Days on Market94

About this property

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.

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberX13081260
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size0 sq ft
Beds / Baths3 bed · 0 bath
CitySt. Catharines
Postal CodeL2R 2M3
ProvinceON
Listed DateMay 4, 2026
Days on Market94
BrokerageMYSAK REALTY INC.

Location

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Listed by MYSAK REALTY INC.