ONNiagaraSt. Catharines50 Welland Avenue
50 Welland Avenue
Interior view
Interior view
20
Expired
Multiplex

50 Welland Avenue

St. Catharines, ON, L2R 2M5

Multiplex
Area
3000-3500 sq.ft
Bed
11
Bedrooms
Bath
7
Bathrooms
Parking
5
Single Garage
Expired

Property Description

Original Remarks

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.

PROPERTY HISTORY

50 Welland Avenue

Type:Multiplex
Style:3-Storey
Size Range:3000-3500
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X12249446
Community:451 - Downtown
Days on Market:-
Year Built:-
Age range:-
Basement:Full
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$6,981/yr (2025)
Municipality:St. Catharines
Lot Size:50.00 x 115.00 Feet

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