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Investment signal

$411,500

163 WELLAND AVENUE

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for St. Catharines (Downtown). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Perfect little Side by Side, Semi style DUPLEX for A FIRST TIME BUYER or First time Investor. Collect two rents or Live in One Unit and Rent out the other to help reduce bills. Excellent Tenant rental or In- Law Apartment attached in rear. ADU. Have Mom or Dad live right next door! They / you will be comfortable in this little space as it is NEWLY RENOVATED and never lived in! The Main House is a Two Story Home with 2 Bedrooms up, Updated Bathroom and Kitchen and Flooring. Has partial basement for mechanicals and laundry. Updated Breaker Panel. Open living area with large living room and Kitchen has bay window area suitable for a dining or breakfast table. The secondary unit is a little Bachelor or Bachelorette Bungalow Attached at the rear. This unit has all been completely and newly renovated top to bottom including electrical and plumbing, complete new Kitchen and Bathroom! Never lived in and still has that new home appeal. A Tiny space but efficient and has access to the yard just like a little home. Building your own ADU is tricky - permits, zoning and mortgage issues, contractors, time and money can be saved just by purchasing this Home with add on unit already attached! Excellent DOWNSIZE option right in the city with Additional Income Unit attached. Great Walk Score here in the heart of the downtown core - you dont even need a car but we are located just minutes from the QEW and 420 Highways. (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: 451 - Downtown
Lot dimensions: 38.5 x 79.9 FT
Bedrooms: 3 above grade
Parking: 1 total
On market: Oct 9, 2025
Status changed: Apr 20, 2026
Annual tax: $2,254.1 (2025)
Zoning: R3
Photos: 50
MLS#: X12455533
Area: ST._CATHARINES_(DOWNTOWN)

Features and systems

Parking

No Garage

Basement

Partial

Heating

Forced airNatural gas

Cooling

None

Exterior

Aluminum siding

Foundation

Block

Lot

In-Law Suite

Negative cash flow ~$171/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-2.49%

Cap rate

4.37%

GRM

14.3

Break-even rent

$2,580

Financing

Down payment$82,300

Loan amount$329,200

Mortgage$1,668/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$189

Insurance$80

Maintenance$343

CapEx reserve$171

Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,668/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.