82-84 Welland Avenue

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$1,599,000

82-84 Welland Avenue

Downtown, St. Catharines · MLS® X13814084

6,448 sq ft · House · Multi-family · 32 days on market

listed by SAMUEL IUS, MYSAK REALTY INC.

realtor's description

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.

property details

type: House, Multi-family
living area: 6,448 sq ft
parking: 7
property tax: $22,520 / yr
days on market: 32
MLS®: X13814084

features

Dryer
Two Washers

monthly cost

$8,843/mo

Mortgage $6,967 · Tax $1,877

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,967/ monthly

loan $1,279,200

25-year amortization

down payment20% · $319,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $810,807
cash to close: $319,800; down payment; transfer tax and fees not included
total paid: $2,090,007

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.