50 Welland Avenue
451 - Downtown, St. Catharines, L2R 2M5
FOR SALE
$1,520,000

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11
BEDROOMS7
BATHROOMS7
KITCHENS25
ROOMSX12662354
MLSIDContact Us
Property Description
Looking to grow your portfolio with a reliable income property? This well-maintained 7-unit building is ideally situated in the heart of downtown St. Catharines, steps to shopping, dining, public transit, and the city's ongoing revitalization. The property features 3 one-bedroom units and 4 two-bedroom units, all fully rented, generating a gross annual income of approx $115,000 with positive cash flow and a strong cap rate. Benefit from the on-site parking, a low-maintenance exterior, and the added convenience of on-site laundry for extra income. This is a smart, turnkey opportunity in a high-demand rental area, perfect for any investor looking for stability and growth. Financials available.
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Property Features
Carpet Free, Other, Upgraded Insulation
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Property Details
Address
50 Welland Avenue
Community
City
Postal Code
L2R 2M5
Property Type
Multiplex, Multiplex
Zoning
R3
Lot Size
50' x 115'
Taxes
$6,981 (2025
Basement
Full
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
None
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Listing contracted with Revel Realty Inc., Brokerage
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