1 / 22

Investment signal

$1,400,000

2-8 RIVERVIEW BOULEVARD

Save this home

Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Investment signal

Text Hasan Open map Ask a question

Location nearby

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

About this home

Rare opportunity to own four townhouse style units on one lot in the south end of St. Catharines. First time offered for sale in over 20 years, this is a unique, long-held asset with a layout you don't come across often. All four units are side-by-side with no upper or lower units. Each unit is a 2 bed, 1 bath with its own front and rear entrance. Brick exterior construction with cinder-block party walls between units, providing durability and strong separation between tenants.Tenants pay their own gas and hydro. Each unit also includes tandem parking for two vehicles.Well maintained and owner managed building, with the roof replaced in 2017. Located on Riverview Boulevard in a strong south end pocket, the property benefits from consistent rental demand across Niagara, driven in part by its proximity to Brock University. (id:65958)

Subtype: Multi-family
Structure: Other
Community: 461 - Glendale/Glenridge
Lot dimensions: 125.8 x 138.1 FT
Bedrooms: 8 above grade
Parking: 9 total
Stories: 2
On market: Apr 20, 2026
Status changed: Apr 20, 2026
Annual tax: $9,105
Photos: 22
MLS#: X13021552
Area: ST._CATHARINES_(GLENDALE/GLENRIDGE)

Features and systems

Parking

No Garage

Basement

None

Appliances

WasherRefrigeratorStoveDryer

Heating

Forced airNatural gas

Cooling

None

Exterior

Brick

Foundation

BlockConcrete

Negative cash flow ~$1,497/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

-6.41%

Cap rate

3.58%

GRM

16.7

Break-even rent

$8,575

Financing

Down payment$280,000

Loan amount$1,120,000

Mortgage$5,675/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$642

Insurance$80

Maintenance$1,167

CapEx reserve$583

Vacancy loss$350

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 $5,675/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.