50 Welland Avenue, St. Catharines, ON L2R 2M5
Welland, St. Catharines, ON, CA, L2R 2M5Basics
- Sale/Rent Type: For Sale
- Category: Multiplex
- Type: Residential Freehold
- Status: Active
- Bedrooms: 11
- Bathrooms: 7
- MLS ID: X12249446
Description
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Description:
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.
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Building Details
- Lot Depth: 115 sq ft
- Lot Width: 50 sq ft
- Living Area Range: 3000-3500
- Garage Parking Spaces: 5
- Tax Annual Amount: 6981
- CoolingYN: No
Agent and Agency Details
- Agency: REVEL Realty Inc., Brokerage
Amenities & Features
- View: No
- Cooling: Window Unit(s)
- Fireplace: No
- Basement: Full
- Sauna: No














