50 Welland Avenue

ActiveSt. Catharines · 451 - Downtown31 days on marketMLS® X13525844
$1,489,000
$496 / sq ft
Bedrooms11
Bathrooms7
Interior3,000 sq ft
TypeSingle Family Home
ListingFor Sale
Days on Market31

About this property

7 UNITS. FULLY RENTED. OVER $125,000 IN ANNUAL GROSS INCOME. Opportunities to acquire a fully occupied multi-residential asset in the heart of St. Catharines don't come along every day. This established 7-unit building offers investors immediate income from day one, with a desirable unit mix of 3 one-bedroom apartments and 4 two-bedroom apartments. With approximately $125,000 in annual gross income, positive cash flow and a strong cap rate, this is an opportunity to add scale to your portfolio without the uncertainty and carrying costs associated with vacant units or a major repositioning project. Located in downtown St. Catharines, the property places tenants close to shopping, restaurants, public transit, everyday amenities, and the ongoing investment and revitalization throughout the downtown core. The property also features on-site parking, a low-maintenance exterior and on-site laundry offering an additional income stream. Whether you're expanding an existing portfolio, moving into multi-residential investing or looking to reposition capital into an income-producing real estate asset, this property deserves a closer look. 7 units. 100% occupancy. Income in place. One property with the ability to make an immediate impact on your portfolio.Detailed financial information available for qualified buyers.

Features & finishes

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Air Conditioning
Basement

Property details

MLS® NumberX13525844
StatusActive
Listing TypeFor Sale
Property TypeSingle Family Home
Interior Size3,000 sq ft
Beds / Baths11 bed · 7 bath
Neighbourhood451 - Downtown
CitySt. Catharines
Postal CodeL2R 2M5
ProvinceON
Listed DateJuly 6, 2026
Days on Market31
Price per Sq Ft$496
BrokerageREVEL Realty Inc., Brokerage

Location

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Listed by REVEL Realty Inc., Brokerage