For Sale · St. Catharines (Downtown) · Multi-family

$1,799,000

32-36 WELLAND AVENUE, St. Catharines (Downtown)

Bedrooms

8,830

Size

About This Home

The details.

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:66635)

Summarizing the highlights...

MLS® X13558406Listing courtesy of MYSAK REALTY INC.View on map

Property Details

Facts & features.

Property type: Multi-family
Size: 8,830 sqft
Listed on: 2026-07-13
Days on market: 2
MLS number: X13558406
Data source: Toronto Regional Real Estate Board

July Value

What this home is worth.

Calculating a July Value estimate...

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$8,413

$1,439,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$8,413

Cash flow

-$8,413

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

St. Catharines (Downtown) right now

Active listings

New this week

$509,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in St. Catharines (Downtown).

Household and demographic stats for St. Catharines (Downtown), from the Statistics Canada 2021 Census.

136,803
Population (2021): 44.8
Median age: 58,905
Households: 2.3
Avg household size: 64.4%
Home ownership: $72,500
Median household income

St. Catharines (Downtown) market trends

Source: Statistics Canada 2021 Census, St. Catharines, City, Ontario.

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Rental Market

Rentals nearby

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

Price on request / month
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1 bed · 1 bath

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.