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32-38 WELLAND Avenue

St. Catharines, ON L2R 2M3

Off-Market
3 Beds
0 Baths
Commercial
This listing is no longer active on the MLS® and is not currently for sale. Interested in something similar? Ask Filipe →
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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.

Property Details

StatusOff-Market
Property TypeCommercial
Listing TypeSale
Bedrooms3
Bathrooms0
Postal CodeL2R 2M3
Last UpdatedOct 7, 2026 · 10:36 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

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TRREB MLS® Attribution

MLS® X13081260

Listed by MYSAK REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$2,150,000

last list price — no longer for sale

MLS®X13081260
TypeCommercial
CitySt. Catharines
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Team Filipe · RE/MAX · (647) 210-6070

Listed By

MYSAK REALTY INC.