22 Welland Avenue, St. Catharines (Downtown) - Multi-family for Sale
22 Welland Avenue, St. Catharines (Downtown), Ontario, L2R2M2
5,834 ft²59 × 118 ft (6,927 sq ft) lot sizeListed 27 days ago
Overview
This multi-family property in St. Catharines is for sale offering roughly 5,834 sq ft of space. It has been on the market 27 days, fresher than the St. Catharines average of 72 days.
Description
Very good Investment property for the investors. Completely renovated fourplex building that features 3 large 1 bedrooms apartments and one 2 bedroom apartment with each separate entrance. Walking distance of restaurants, retail, public transit, and all the amenities. Quick access to Hwys. (id:66096)
Property Details
- MLS®
- X13876562
- Property Type
- Multi-family
- Business Type
- Residential
- Zoning
- R2
- Interior Size
- 5,834 ft²
- Lot Size
- 59 × 118 ft (6,927 sq ft)
- Frontage
- 59 ft
- Heating
- Radiator
- Cooling
- None
- Property Tax
- $5,680/yr
- Listed
- 27 days ago
Features
- Appliances
- Washer, Dryer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
27d
St. Catharines (Downtown) listings, avg age
72d
Price / ft²
$129
List price
$750K
Extended: 27 days on market, against an average age of 72 days across the listings currently for sale in this city
Haho
This multi-family in St. Catharines (Downtown) has been listed for 27 days, which is 45 days fresher than the city average of 72. Act while there is still low competition.
Listed by HOMELIFE/MIRACLE REALTY LTD · SARBJIT SINGH LONGIA
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (L2R)
This home lists at $749,999, about 12.3× the local median household income of $61,200.
Carrying it typically needs a household income of about $146,501 (20% down, 25-yr amortization, stress-tested) — roughly 139% above the area median.
- Median household income
- $61,200
- Population
- 25,558
- Median age
- 40.4
- Owner / renter
- 50% / 50%
- Avg. household size
- 2.1
Source: Statistics Canada, 2021 Census (FSA L2R)
$749,999· $129/ft²
For saleBook a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Full Cost Breakdown
Loading rates, 30-yr amortization
Down Payment6.67% · $49,999.90
Min 6.67%50%
Mortgage payment$3,881/mo
↳ CMHC premium ($28,000 capitalized)
Property tax (est.)$473/mo
Total monthly$4,354
Cash Needed to Close
Down payment (6.67%)$50,000
Land transfer tax$11,475
Est. closing costs$4,750
Total cash needed$66,225
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
For sale
16 days ago
$425K
44 Lowell Avenue, St. Catharines (Downtown), Ontario, L2R2E1
1,657 ft²Lot size 27 × 98 ft (2,633 sq ft)
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
For sale
16 days ago
$425K
44 Lowell Avenue, St. Catharines (Downtown), Ontario, L2R2E1
4 bd2 ba1,750 ft²Lot size 27 × 98 ft (2,633 sq ft)
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
For sale
16 days ago
$760K
128 Geneva Street, St. Catharines (Downtown), Ontario, L2R4N6
6 bd3 ba4 pk1,750 ft²Lot size 36 × 120 ft (4,320 sq ft)
Listed by ROYAL LEPAGE IGNITE REALTY
For sale
43 days ago
$1.60M
82-84 Welland Avenue, St. Catharines (Downtown), Ontario, L2R2N1
7 pk6,448 ft²
Listed by MYSAK REALTY INC.
Investment analysis
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$749,999
St. Catharines