50 Welland Avenue
St. Catharines, Ontario L2R 2M5
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. (id:15265)
$1,595,000 For sale
- MLS® Number
- X12249446
- Type
- Multi-family
- Building Type
- Other
- Bedrooms
- 11
- Bathrooms
- 7
- Parking
- 5
- SQ Footage
- 3,000 - 3,500 ft2
- Cooling
- Window Air Conditioner
- Heating
- Radiant Heat
Photo Gallery
Property Details
| MLS® Number | X12249446 |
| Property Type | Multi-family |
| Community Name | 451 - Downtown |
| ParkingSpaceTotal | 5 |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 115 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 115 Ft |
| SizeTotalText | 50 X 115 Ft |
| ZoningDescription | R3 |
Building
| BathroomTotal | 7 |
| BedroomsAboveGround | 11 |
| BedroomsTotal | 11 |
| Appliances | Water Heater |
| BasementType | Full |
| CoolingType | Window Air Conditioner |
| ExteriorFinish | Brick |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 3 |
| SizeInterior | 3,000 - 3,500 Ft2 |
| Type | Other |
| UtilityWater | Municipal Water |
Location Map
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June 28 2025 03:26:19
Niagara Association of REALTORS®
Revel Realty Inc., Brokerage
