victorian-style house featuring brick siding and a porch Features: porch More Photos

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    For Sale - 50 Welland Avenue, St. Catharines, Ontario

    Est payment $7,906/mo
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    Time on Jump  79 day

    AI Summary *

    • Well-maintained 7-unit property in downtown St. Catharines.
    • Fully rented with a gross annual income of approximately $115,000.
    • Comprises 3 one-bedroom and 4 two-bedroom units for diverse tenant options.
    • On-site parking and laundry for added convenience and income.
    • Strong cap rate in a high-demand rental area for solid investment growth.




    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.
    Listing IDX12249446
    Address50 Welland Avenue
    CitySt. Catharines, Ontario
    Price$1,595,000
    Bed / Bath11 / 7 Full
    Style3-Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Water Heater OwnedOwnership FreeholdBasement FullFoundation Poured ConcreteHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Agency:  REVEL Realty Inc., Brokerage
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    50 Welland Avenue
    St. Catharines , Ontario
    11 7 $1,595,000
    Get more info