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    For Sale - 23 Saint Andrews Avenue, Welland, Ontario

    Est payment $6,478/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Solid 6-unit building with a strong 6.2% cap rate and growth potential.
    • Located in a quiet neighborhood, attracting long-term, reliable tenants.
    • No heavy renovations needed, ensuring a hassle-free investment experience.
    • On-site coin laundry provides additional income and convenience.
    • Secure dual entrances enhance safety and functionality for residents.




    This purpose-built 6-unit building offers a solid 6. 2% cap rate today, with a clear path to 6. 6% by september. Located on a corner along st. Andrews street in a quiet, established pocket of welland, with an elementary school across the street, this is the kind of steady location that attracts long-term, reliable tenants. No heavy renovations, no guesswork, no sleepless nights. This is a proven, income-producing property already generating strong returns, with upside that comes from tightening operations, not tearing the place apart, exactly what you want when stepping into your first multi-unit or adding to your portfolio. The fundamentals are right where they should be, paved parking, on-site coin laundry adding extra income, and dual entrances that keep the building secure and functional. Simple systems, predictable performance. This is how you move from thinking about investing to actually owning something that pays you every month. Buy smart, learn the ropes, build equity. Then do it again.
    Listing IDX12958032
    Address23 Saint Andrews Avenue
    CityWelland, Ontario
    Price$1,349,000
    Bath6 Full
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Radiant

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    Listing Agency:  ROYAL LEPAGE NRC REALTY

    * Data is provided courtesy of PROPTX. 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. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    23 Saint Andrews Avenue
    Welland , Ontario
    6 $1,349,000
    Get more info