$1,349,000
FOR SALE

Investment

Lot: 67.5 x 114.1 ft
2025 Taxes: $5,945

23 Saint Andrews Ave
Welland, ON L3B 1E2 | 773 - Lincoln/Crowland | Niagara

This purpose-built 6-unit building offers a solid 6.2% cap rate today, with a clear path to 6.6% by September. Located on a corner along St. Andrews Street in a quiet, established pocket of Welland, with an elementary school across the street, this is the kind of steady location that attracts long-term, reliable tenants. No heavy renovations, no guesswork, no sleepless nights. This is a proven, income-producing property already generating strong returns, with upside that comes from tightening operations, not tearing the place apart, exactly what you want when stepping into your first multi-unit or adding to your portfolio. The fundamentals are right where they should be, paved parking, on-site coin laundry adding extra income, and dual entrances that keep the building secure and functional. Simple systems, predictable performance.This is how you move from thinking about investing to actually owning something that pays you every month. Buy smart, learn the ropes, build equity. Then do it again.
Share
Listed By ROYAL LEPAGE NRC REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12958032
Last Updated Apr 09, 2026
Property Summary
Property Type Investment

More like this:
Use Apts - 6 To 12 Units
PIN 641170096
Legal Description LT 158, PL 638 ; PT LT 159, PL 638 , AS IN RO689797 ; S/T BB24484 WELLAND
Possession Date Flexible
Taxes (2025) $5,945
Directions/Cross Streets East Main St.
Neighbourhood 773 - Lincoln/Crowland
Area Niagara
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Bathrooms 6
Lot 67.5 x 114.1 ft
Air Conditioning No
Basement Basement
Chattels Y
Garage Type Outside/Surface
Parking Spaces 10
Heat Type Radiant
Financial Statement Y

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)