1/13UNIT A - 514 WELLAND AVENUE, St. Catharines (Cushman/Industrial)
UNIT A - 514 WELLAND AVENUE, St. Catharines (Cushman/Industrial), ON L2M5V5
Price on request
—
Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA8 — Medium Rise
$ / SF
—
Occupancy
99%
About this property
Spacious 4-bedroom, 2-bathroom apartment available for lease in a convenient St. Catharines location, close to Bunting Road and Welland Avenue. Ideally situated within walking distance to public transit, Walmart, FreshCo, and a wide range of shopping, restaurants, and everyday amenities. Convenient access to major routes and within close proximity to Brock University and Niagara College's Niagara-on-the-Lake Campus. A great rental opportunity offering plenty of space and an excellent location for everyday living. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$88K
Annual cash flow
$5K
Cash-on-cash
1.03%
DSCR
1.06
Going-in cap
5.85%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
69,553
Households
31,639
Median income
$88,500
Median age
45.4
Daytime population
62,387
5-yr growth
3.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for UNIT A - 514 WELLAND AVENUE, St. Catharines (Cushman/Industrial).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.