50 WELLAND AVENUE

St. Catharines (Downtown), , L2R2M5, Canada

$1,595,000

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.

EXTRAS: Water Heater

Last updated on : Saturday 28th of June 2025 11:35:07 AM

ADDRESS

Street : 50 WELLAND AVENUE

City : St. Catharines (Downtown)

Country : Canada

Postal Code : L2R2M5

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PROPERTY SUMMARY

Property ID : X12249446

Building Type : Other

Property Type : Multi-family

Bedrooms : 11

Bathrooms : 7

Parking : 5

Parking Type: No Garage

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