$1,489,000
FOR SALE

Multiplex

Bedrooms: 11Bathrooms: 7Lot: 50 x 115 ft

50 Welland Avenue
St. Catharines (Downtown), ON L2R 2M5

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. (id:47421)
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Listed By REVEL Realty Inc., Brokerage
Data Provided By Niagara Association of REALTORS®
MLS® Listing Number X12662354
Last Updated May 03, 2026
Property Summary
Property Type Multiplex

More like this:
Community 451 - Downtown
Price History

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Detailed Information
Bedrooms 11
Bathrooms 7
Lot 50 x 115 ft
Features Carpet Free
Listing Contract Date 2026-01-05
Location Description Cross Streets: Lake/Welland. ** Directions: WELLAND/ONTARIO.
# of Parking Spaces 5
Property Type Multi-family
Transaction Type For sale
Zoning Description R3
Building
Basement Type Full
Construction Status Insulation upgraded
Cooling Type Window air conditioner
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Radiant heat
Stories Total 3
Type Other
Utility Water Municipal water
Parking Spaces
Name Spaces
No Garage
Land
Total Size 50 x 115 FT
Sewer Sanitary sewer
Size of Irregular Land 50 x 115 FT

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