More Photos

×

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

    Est payment $7,150/mo
    Get pre-qualified
    Views   2
    Time on Jump  16 day

    AI Summary *

    • Fully rented 7-unit building providing immediate income from day one.
    • Established property with a mix of one and two-bedroom apartments.
    • Located near shopping, dining, and public transit for tenant convenience.
    • On-site parking and laundry create additional income streams.
    • Opportunity to expand or diversify a real estate investment portfolio.




    7 units. Fully rented. Over $125,000 in annual gross income. Opportunities to acquire a fully occupied multi-residential asset in the heart of st. Catharines don't come along every day. This established 7-unit building offers investors immediate income from day one, with a desirable unit mix of 3 one-bedroom apartments and 4 two-bedroom apartments. With approximately $125,000 in annual gross income, positive cash flow and a strong cap rate, this is an opportunity to add scale to your portfolio without the uncertainty and carrying costs associated with vacant units or a major repositioning project. Located in downtown st. Catharines, the property places tenants close to shopping, restaurants, public transit, everyday amenities, and the ongoing investment and revitalization throughout the downtown core. The property also features on-site parking, a low-maintenance exterior and on-site laundry offering an additional income stream. Whether you're expanding an existing portfolio, moving into multi-residential investing or looking to reposition capital into an income-producing real estate asset, this property deserves a closer look. 7 units. 100% occupancy. Income in place. One property with the ability to make an immediate impact on your portfolio. Detailed financial information available for qualified buyers.
    Listing IDX13525844
    Address50 Welland Avenue
    CitySt. Catharines, Ontario
    Price$1,489,000
    Bed / Bath11 / 7 Full
    Style3-Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Carpet Free, Other, Upgraded InsulationOwnership FreeholdBasement FullFoundation Poured ConcreteHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 5.00
    ASAP

    Fri

    24

    Jul

    Sat

    25

    Jul

    Sun

    26

    Jul

    Mon

    27

    Jul

    Tue

    28

    Jul

    Wed

    29

    Jul

    Thu

    30

    Jul

    Fri

    31

    Jul

    Sat

    1

    Aug

    Sun

    2

    Aug

    Mon

    3

    Aug

    Tue

    4

    Aug

    Wed

    5

    Aug

    Thu

    6

    Aug

    Fri

    7

    Aug

    Sat

    8

    Aug

    Sun

    9

    Aug

    Mon

    10

    Aug

    Tue

    11

    Aug

    Wed

    12

    Aug

    Thu

    13

    Aug

    Fri

    14

    Aug

    Sat

    15

    Aug

    Sun

    16

    Aug

    Mon

    17

    Aug

    Tue

    18

    Aug

    Wed

    19

    Aug

    Thu

    20

    Aug

    Fri

    21

    Aug

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  REVEL Realty Inc., Brokerage

    * 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.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    4698 Sandy Cove Drive
    Lincoln, Ontario.
    2 Beds | 2 Baths
    $1,399,000
    1051 Hydrangea Avenue
    Blossom Park - Airport And …
    4 Beds | 4 Baths
    $919,900
    1343 Kettering Drive
    Oshawa, Ontario.
    3 Beds | 3 Baths
    $789,000
    7 O'Reilly Street
    Whitby, Ontario.
    5 Beds | 3 Baths
    $899,900
    54 Pantheon Lane
    Markham, Ontario.
    4 Beds | 5 Baths
    $998,000
    14 Sassafras Road
    Springwater, Ontario.
    4 Beds | 3 Baths
    $749,999
    21 Donalbain Crescent
    Markham, Ontario.
    4 Beds | 3 Baths
    $1,388,800
    9 Minos Crescent
    Toronto, Ontario.
    5 Beds | 3 Baths
    $899,900
    128 Leacrest Road
    Toronto, Ontario.
    5 Beds | 2 Baths
    $1,728,000
    Loading...
    50 Welland Avenue
    St. Catharines , Ontario
    11 7 $1,489,000
    Get more info