50 Welland Avenue, St. Catharines, ON L2R 2M5
St. Catharines, ON, L2R 2M5 · 451 - Downtown
About this property
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.
Features & Amenities
- Basement: Full
- Garage: None
- Cooling: Window Unit(s)
- Heat Type: Radiant
- Heat Source: Gas
- Style: 3-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 3-Storey |
| Bedrooms | 11 |
| Bathrooms | 7 |
| Basement | Full |
| Garage | None |
| Parking Spaces | 5 |
| Heat Type | Radiant |
| Heat Source | Gas |
| Cooling | Window Unit(s) |
| Sewer | Sewer |
| Annual Tax | $7,300 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Carpet Free, Other, Upgraded Insulation
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Brick
- Foundation Details
- Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Full
Heating & Cooling
- Heat Type
- Radiant
- Heat Source
- Gas
- Cooling
- Window Unit(s)
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 5
- Parking Total
- 5.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 115.00
- Lot Width
- 50.00
Financial & Tax
- Tax Annual Amount
- $7,300
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- FLEXIBLE
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 25
- Kitchens Above Grade
- 7
- Kitchens Total
- 7
- Bedrooms Above Grade
- 11
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Niagara
- Cross Street
- Lake/Welland
- Directions
- WELLAND/ONTARIO
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
50 Welland Avenue, St. Catharines, ON L2R 2M5, St. Catharines, ON, L2R 2M5