50 Welland Avenue, St. Catharines, ON L2R 2M5
$1,489,000
$1,489,000

50 Welland Avenue

451 - Downtown, St. Catharines, Niagara $1,489,000

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11 Beds
7 Baths
3000-3500 sqft
Parking for 5
South Facing
Zoning: R3
MLS®#:
X12662354
Property Type:
Multiplex
Property Style:
3-Storey
Area:
Niagara
Community:
451 - Downtown
Taxes:
$7,300 / 2026
Added:
January 05 2026
Lot Frontage:
50
Lot Depth:
115
Status:
Active
Outside:
Brick
Year Built:
Basement:
Full
Brokerage:
REVEL Realty Inc., Brokerage
Lot :

115

50

Intersection:
Lake/Welland
Rooms:
Bedrooms:
11
Bathrooms:
7
Fireplace:
Utilities
Water:
Municipal
Cooling:
Window Unit(s)
Heating Type:
Radiant
Heating Fuel:

Listing Details

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.

Insights

  1. Strong Income Potential: This property generates a gross annual income of approximately $115,000, providing a reliable cash flow for investors.
  2. Prime Location: Located in the heart of downtown St. Catharines, the property is steps away from shopping, dining, and public transit, making it highly attractive to renters.
  3. Turnkey Investment: The well-maintained 7-unit building is fully rented with a low-maintenance exterior and on-site laundry, making it a hassle-free investment opportunity.

Sale/Lease History of 50 Welland Avenue

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Neighborhood Overview

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451 - Downtown home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 451 - Downtown

Insights for 50 Welland Avenue

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)