For Sale: 32-36 Welland Avenue, St. Catharines, ON - REW
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$1,799,000
6 bd ba 8830 sf Multifamily

32-36 Welland AvenueSt. Catharines, ON, L2R 2M3

  • 6 Bed
  • Bath
  • 8830 Sqft
  • Multifamily

About this home

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:63626)
Listed by: JOE MYSAK, Salesperson, MYSAK REALTY INC.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$24,876
Home facts
Bedrooms
6
Full Bathrooms
Property Type
Multifamily
Depth
73.6 feet
Frontage
90.0 feet
Heating Type
Hot water radiator heat, Natural gas
Appliances
Dryer, Two Washers, Water Heater
Agent details
Primary Agent
JOE MYSAK
Primary Broker
MYSAK REALTY INC.
Listing details
Days on REW
1 Day
MLS® Number
X13558406
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Catharines Collegiate Institute and Vocational
  • Public
  • 9 - 12
Harriet Tubman Public School
  • Public
  • JK - 8
St Nicholas Catholic Elementary School
  • Catholic
  • JK - 8
ÉÉC Immaculée-Conception
  • Catholic
  • JK - 8
St Denis Catholic Elementary School
  • Catholic
  • JK - 8
Edith Cavell Public School
  • Public
  • JK - 8
Grapeview Public School
  • Public
  • JK - 8
Connaught Public School
  • Public
  • JK - 8
Mother Teresa Catholic Elementary School
  • Catholic
  • JK - 8
St Anthony Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-13.