For Sale: 32-38 Welland Avenue, St. Catharines, ON - REW
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$2,150,000
3 bd • ba • sf • Multifamily
32-38 Welland Avenue
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$2,150,000
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32-38 Welland AvenueSt. Catharines, ON, L2R 2M3

  • 3 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

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

Home facts and features

Price details
List Price
$2,150,000
Get Pre-Approved
Gross Taxes for 2026
$24,876
Home facts
Bedrooms
3
Full Bathrooms
Parking Spaces
12
Property Type
Multifamily
Depth
73.6 feet
Frontage
90.0 feet
Heating Type
Radiant heat
Appliances
Dryer, Two Washers, Water Heater
Agent details
Primary Agent
JOE MYSAK
Primary Broker
MYSAK REALTY INC.
Listing details
Days on REW
48 Days
MLS® Number
X13081260
Source
Canadian Real Estate Association
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25 Years
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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
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Salesperson
JOE MYSAK
Office:
416-767-5500
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