




3 Beds
2 Baths
C$399,900
422 Welland Avenue, St. Catharines ON, L2M 5T8
Property typeResidential
Overview
Active
Extension
Listed Jul 26, 2026
Updated 10 days ago
A fully renovated bungalow, R2-zoned, suited for owner-occupiers seeking rental offset or investors seeking a good ROI. ***With a separate entrance to the basement, and existing kitchen and bathroom rough-ins, the lower level can be converted at low cost into a self-contained 2-bedroom, 1-bath suite with its own bathroom and laundry. The main floor and basement, when rented separately, could possibly achieve a combined ROI potentially exceeding 8-10% resulting in an outstanding cash flow performance.***The driveway, with minor repositioning, can accommodate 4 vehicles; the backyard is fully fenced, offering generous space for outdoor activities.***Major 2025-2026 renovations: front and side doors, main-floor windows, eavestroughs and downspouts, exterior and main-floor paint, kitchen cabinets and flooring, stainless steel (interior) dishwasher and range hood, new bathroom, waterproofed basement walls with new laundry area flooring, and a new heat pump A/C. Low overall maintenance costs.***The property is conveniently located near shopping, dining, schools, a hospital, with easy access to the QEW and along public bus routes. This prime location benefits from strong rental demand and proximity to essential amenities, making it a solid long-term investment property. The entire house can also be rented to AAA tenants.
Additional information
- MLS® ID
- X13606558
Interior Features
- Bedrooms
- 3
- Bathrooms
- 2
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Other Property Details
- Taxes
- $2,716
- Tax Frequency
- Annually
Courtesy of Listed by , HOMELIFE NEW WORLD REALTY INC.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
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Data last updated 2:20 AM UTC, 9/30/2026