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$1,595,000

Est. payment - /mo

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11 Beds

7 Baths

New

50 Welland AVE St. Catharines, ON L2R 2M5

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Chaudhry Nadeem

nadeem@gta.realestate +1(416) 907-4533

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 451 - Downtown

MLS Listing ID X12662354

Style 3-Storey

Bedrooms 11

Annual Tax Amount $6,981

Tax Year 2025

Property Sub-Type Multiplex

Property 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.

Location

Province ON

County Niagara

Area Niagara

Rooms

Family Room No

Basement Full

Kitchen 7

Interior

Interior Features Water Heater Owned

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 115.0

Total Parking Spaces 5

Building

Foundation Poured Concrete

Others

ParcelsYN No

Listed by REVEL Realty Inc., Brokerage

TEAM MEMBER

Chaudhry Nadeem +1(416) 907-4533 nadeem@gta.realestate