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82-84 WELLAND AVENUE, St. Catharines (Downtown) — listed at $1,599,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
133k/unit at approx. cap rate of 9.2%. 12-unit building (2x bachelors, 8x 1 bedrooms & 2x 2 bedrooms). Building features revitalized common areas and renovated units. Tenants pay Hydro. Updated Fire Suppression System (2026), installed separate electrical meters (2025). Clean Phase 1 ESA (2026). Windows replaced (2022). Laundry on site, 8 Parking spaces. TOURS TO SEE ALL UNITS: Sunday, September 27th from 10:00 AM to 12:00 PM. Please confirm Attendance. (id:60164)
What's the parking situation?+
This property includes 7 spaces.
What makes this a luxury property?+
At $1,599,000, standout features include 6448 sq ft. In this price range, expect higher-end finishes — verify during a showing.
Who is 82-84 WELLAND AVENUE best suited for?+
With null bedrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $22,520, heating is baseboard heaters. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
Yes — fully air conditioned cooling is in place.
How is the home heated? Is it efficient?+
Heating is baseboard heaters. Ask for past utility bills to understand real heating costs.
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