Royal LePage Maximum Realty Brokerage

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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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32-38 Welland Avenue, St. Catharines, ON L2R 2M3

Property For Sale | X13081260Sale

Listing ID: X13081260
$2,150,000
3 Bedrooms
Listing ID #X13081260
Property Description

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.

Basic Details
Listing ID : X13081260
Listing Type : Sale
Price : $2,150,000
Status : Active
Property Sub Type : Investment
Map
Address Map
32-38
WELLAND
US
ON
Niagara
St. Catharines
L2R 2M3
Avenue
Between Ontario & Lake
RB
Property Area
451 - Downtown
Features
: No
: Yes
Rooms
3
Additional Information
Apts - 6 To 12 Units
: Major Highway, Public Transit
90.00 x 73.60
Financial
24876.0
Listing Information
New
2026-05-11T18:11:46Z
TRREB

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