For Sale

50 Welland Avenue, St. Catharines, Ontario L2R 2M5

$1,595,000

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 131 Days.

  • Multiplex
    Property Type
  • 11
    Bedrooms
  • 7
    Bathrooms
  • MLS ID: X12249446
  • Office Name REVEL Realty Inc., Brokerage
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.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12249446
  • Price: $1,595,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 115
  • Ref ID: X12249446
  • Approx Sqft: 3000-3500
  • Dir / Cross St: Lake/Welland
  • Status: Active
  • Tax Year: 2025
  • Property Type: Multiplex
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
06/27/2025 X12249446 $1,595,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
St. Catharines
  • $731,651 Average List Price
    based on 1 year
  • 352 New Listings
    based on 30 days
  • 77 Median Days on Market
    based on 1 year
  • List vs. Selling Price 138.95 % Up
  • Sold (12mo) 1,247
  • Rented (12mo) 377

  • 1 Month Change -24.7%
  • 3 Month Change -31.8%
  • 6 Month Change -55.1%
Walkscore
Additional Details
  • Heat Type Radiant
  • Heat Source Gas
  • Style 3-storey
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 5
  • Exterior Brick
  • Kitchen 7
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 3
  • Washrooms Type 2: 4
  • Washrooms Type 3: 1
  • Taxes: $6,981
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 27/06/2025 14:14:20
Want to see this property?