1 of 20 - 50 Welland Avenue, St. Catharines (downtown), Ontario
2 of 20 - 50 Welland Avenue, St. Catharines (downtown), Ontario
3 of 20 - 50 Welland Avenue, St. Catharines (downtown), Ontario
4 of 20 - 50 Welland Avenue, St. Catharines (downtown), Ontario
5 of 20 - 50 Welland Avenue, St. Catharines (downtown), Ontario
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50 Welland Avenue, St. Catharines (downtown), Ontario

$1,595,000

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11

Beds

7

Baths

About 50 Welland Avenue

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. (id:6289)

Features of 50 Welland Avenue

Listing # X12249446
Price $1,595,000
Bedrooms 11
Bathrooms 7.00
Acres 0.00
Type Multi-family

Community Information

Address 50 Welland Avenue
Subdivision 451 - Downtown
City St. Catharines (downtown)
Province Ontario
Postal Code L2R2M5

Amenities

Parking Spaces 5
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Water Heater
Heating Natural gas Radiant heat
Cooling Window air conditioner
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Brick
Lot Description 50 x 115 FT
Foundation Poured Concrete

Listing Details

OfficeREVEL Realty Inc., Brokerage

Listing Map

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