50 Welland Avenue, St. Catharines, Ontario L2R 2M5 is For Sale and has a listing price of 1,595,000. The property is located in the St. Catharines . It's been on the website for 83 Days.
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.
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
06/27/2025 | X12249446 | $1,595,000 | For Sale | - | - |