50 Welland AVE, St. Catharines, ON L2R 2M5
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50 Welland AVE, St. Catharines, ON L2R 2M5
50 Welland AVE, St. Catharines, ON L2R 2M5
50 Welland AVE, St. Catharines, ON L2R 2M5
50 Welland AVE, St. Catharines, ON L2R 2M5
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,489,000
Est. payment /mo
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Active

50 Welland AVE St. Catharines, ON L2R 2M5

11 Beds

7 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 451 - Downtown

MLS Listing ID X13525844

Style 3-Storey

Bedrooms 11

Annual Tax Amount $7,300

Tax Year 2026

Property Sub-Type Multiplex

Lot Depth 115.0

Lot Front 50.0

Appx SqFt 3000-3500

Property Description

7 UNITS. FULLY RENTED. OVER $125,000 IN ANNUAL GROSS INCOME. Opportunities to acquire a fully occupied multi-residential asset in the heart of St. Catharines don't come along every day. This established 7-unit building offers investors immediate income from day one, with a desirable unit mix of 3 one-bedroom apartments and 4 two-bedroom apartments. With approximately $125,000 in annual gross income, positive cash flow and a strong cap rate, this is an opportunity to add scale to your portfolio without the uncertainty and carrying costs associated with vacant units or a major repositioning project. Located in downtown St. Catharines, the property places tenants close to shopping, restaurants, public transit, everyday amenities, and the ongoing investment and revitalization throughout the downtown core. The property also features on-site parking, a low-maintenance exterior and on-site laundry offering an additional income stream. Whether you're expanding an existing portfolio, moving into multi-residential investing or looking to reposition capital into an income-producing real estate asset, this property deserves a closer look. 7 units. 100% occupancy. Income in place. One property with the ability to make an immediate impact on your portfolio.Detailed financial information available for qualified buyers.

Location

Province ON

County Niagara

Area Niagara

Rooms

Family Room No

Basement Full

Kitchen 7

Interior

Interior Features Carpet Free, Other, Upgraded Insulation

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 115.0

Total Parking Spaces 5

Building

Foundation Poured Concrete

Others

ParcelsYN No

Listed by REVEL Realty Inc., Brokerage

NEARBY SCHOOLS & PROPERTIES

Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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50 Welland AVE

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