Multi-Family for Sale in St. Catharines
50 Welland Ave, St. Catharines, ON
- 11 BEDS
- 7 BATHS
- 5,750 sq.ft. Land
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- Multi-Family for Sale in St. Catharines
Key Facts
- MLS® #: X12662354
- Property ID: SIRC3027870
- Property Type: Residential, Multiplex
- Lot Size: 5,750 sq.ft.
- Bedrooms: 11
- Bathrooms: 7
- Parking Spaces: 5
- Listed By:
- REVEL Realty Inc., Brokerage
Property Description
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.
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Location
50 Welland Ave, St. Catharines, Ontario, L2R 2M5 Canada
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