For Sale: 50 Welland Avenue, St. Catharines, ON - REW
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$1,489,000
11 bd • 7 ba • 3000 - 3499 sf • Multifamily
50 Welland Avenue
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$1,489,000
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50 Welland AvenueSt. Catharines, ON, L2R 2M5

  • 11 Bed
  • 7 Bath
  • 3000 - 3499 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: Phyllis De Prophetis, Broker, REVEL Realty Inc., Brokerage

Home facts and features

Price details
List Price
$1,489,000
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Gross Taxes for 2026
$7,300
Home facts
Bedrooms
11
Full Bathrooms
7
Parking Spaces
5
Parking Details
No Garage
Property Type
Multifamily
Depth
115 feet
Frontage
50.0 feet
Exterior Finish
Brick
Heating Type
Radiant heat, Natural gas
Cooling
Window air conditioner
Basement Details
Full
Features
Carpet Free
Agent details
Primary Agent
Primary Broker
REVEL Realty Inc., Brokerage
Secondary Agent
Secondary Broker
REVEL Realty Inc., Brokerage
Listing details
Days on REW
156 Days
Property Views
33
MLS® Number
X12662354
Source
Canadian Real Estate Association
Board
Niagara Association of REALTORS®
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Catharines Collegiate Institute and Vocational
  • Public
  • 9 - 12
St Nicholas Catholic Elementary School
  • Catholic
  • JK - 8
Harriet Tubman Public School
  • Public
  • JK - 8
ÉÉC Immaculée-Conception
  • Catholic
  • JK - 8
St Denis Catholic Elementary School
  • Catholic
  • JK - 8
Edith Cavell Public School
  • Public
  • JK - 8
Connaught Public School
  • Public
  • JK - 8
Grapeview Public School
  • Public
  • JK - 8
Mother Teresa Catholic Elementary School
  • Catholic
  • JK - 8
St Anthony Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
Phyllis De Prophetis
Phone:
(905) 357-1700
Cell:
905-380-4338
Office:
905-357-1700
Salesperson
Dennis Deprophetis
Phone:
(905) 380-3366
Cell:
905-380-3366
Office:
905-357-1700
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