1/2182-84 WELLAND AVENUE, St. Catharines (Downtown)
82-84 WELLAND AVENUE, St. Catharines (Downtown), ON L2R2N1
$1.6M total
6,448 SF
Asset Class
Multifamily
Size
6,448 SF
Building class
C
Zoning
RA9 — High Rise
$ / SF
$248
Occupancy
98%
About this property
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:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$80K
Annual cash flow
$-9K
Cash-on-cash
-1.77%
DSCR
0.90
Going-in cap
5.01%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Aurora Legal LLP | 6,313 SF | 2030-02 |
Area demographics
Trade area within 3 miles of the property.
Population
104,345
Households
38,644
Median income
$74,000
Median age
40.4
Daytime population
168,151
5-yr growth
3.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 82-84 WELLAND AVENUE, St. Catharines (Downtown).
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.