$ 1,595,000
-
$1,595,000
Price -
11
Bed -
7
Bath -
3,000
SqFt
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About the Listing 344728 -
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 Highlights for 50 Welland Ave
Status
Active
Days on Site
75
Property Type
Multi-Family
MLS ®
X12249446
Year Built
Total Square Footage
3,000
Lot/Acreage
N/A
Interior Details
- Bedrooms: 11
- Bathrooms: 7 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full
- Other: Water Heater Owned
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others:
- Sewer: Sewer
Financial Details
- Tax Amount: $6,981
- Taxes w/Assessments: N/A
- Tax/Property ID: 462160131
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
50 Welland Ave St. Catharines, ON L2R 2M5
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